Perseus Mining Ltd (TSX:PRU)
C$ 2.34 0.04 (1.74%) Market Cap: 3.22 Bil Enterprise Value: 2.74 Bil PE Ratio: 11.02 PB Ratio: 2.23 GF Score: 90/100

Perseus Mining Ltd to Acquire 100% of Exore Resources Ltd M&A Call Transcript

Jun 03, 2020 / 02:00AM GMT
Release Date Price: C$1.08 (-3.57%)
Unidentified Participant

Thank you for joining the Perseus Mining and Exore Resources conference call. (Operator Instructions) I'll now hand over to Perseus Mining's Managing Director and CEO, Jeff Quartermaine. Thank you, Jeff.

Jeffrey Allan Quartermaine
Perseus Mining Limited - MD, CEO & Director

Thank you very much, and welcome to the listeners today and also a special welcome to my colleague here, Justin Tremain from Exore Resources, who's joining me today to present this situation to you.

Just recapping. This morning, we announced -- jointly, we announced that Perseus is to acquire all of the shares in Exore Resources, and what I'd like to do this morning is to take you through the transaction, look at the detail of what is proposed, talk to you about the rationale for it and also give you some insight into each of the companies.

So without further ado, looking at the transaction we've announced this morning. So as I say, Perseus is to acquire 100% of the shares in Exore Resources. We are using a scheme of arrangement to give effect to

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