Lotus Resources and A-Cap to merge and create a leading African uranium player

SYDNEY, AUSTRALIA: Lotus Resources Limited (ASX: LOT) and A-Cap Energy Limited (ASX: ACB) have agreed to merge via a Scheme of Arrangement, under which Lotus will acquire 100% of the A-Cap shares on issue. Under the Share Scheme, A-Cap shareholders will receive 1 new Lotus share for every 3.54 A-Cap shares held on the Scheme…