Austral Gold signs deal to acquire Revelo Resources for shares and cash

Austral Gold signs deal to acquire Revelo Resources for shares and cash

SYDNEY: Austral Gold Limited and Revelo Resources Corp. have entered into a conditional non-binding letter of intent pursuant to which Austral would purchase all the outstanding shares of Revelo in exchange for shares in Austral and cash, a news release said. The transaction  remains  subject  to  further  due  diligence,  negotiation,  and satisfaction  of  material  conditions,…