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Syrah Resources Calls for Extraordinary General Meeting in August for Tanzanian Mineral Sands Demerger
Syrah Resources Limited (ASX:SYR) announced an Extraordinary General Meeting in August to request shareholder approval to demerge its assets through a distribution to shareholders, followed by a listing on the ASX through an IPO of new company Jacana Minerals Limited.
Syrah Resources Limited (ASX:SYR) announced an Extraordinary General Meeting in August to request shareholder approval to demerge its assets through a distribution to shareholders, followed by a listing on the ASX through an IPO of new company Jacana Minerals Limited.
As quoted in the press release:
The expected value of the new company, Jacana Minerals Limited, at listing is expected to be less than $20 million after a proposed raising of about $8 million.
Click here to read the Syrah Resources Limited (ASX:SYR) press release
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