M&A Activity • Jul 19, 2018
M&A Activity
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National Storage Mechanism | Additional information
RNS Number : 1888V
Anglo American PLC
19 July 2018
| 19 July 2018 |
| De Beers Group announcement |
Anglo American plc notes the announcement by De Beers Group about the agreement reached by De Beers Canada to acquire 100% of the outstanding securities of Peregrine Diamonds Ltd (TSX: PGD) ("Peregrine"), owner of the high quality Chidliak diamond resource located in Canada's Nunavut Territory, at a purchase price of C$0.24 per share, for a total cash consideration of approximately C$107 million (approximately US$81 million).
The full announcement is available on the De Beers Group website via http://www.debeersgroup.com/en/news/company-news/company-news.html
For further information, please contact:
| Media | Investors | |
| UK James Wyatt-Tilby [email protected] Tel: +44 (0)20 7968 8759 Marcelo Esquivel [email protected] Tel: +44 (0)20 7968 8891 South Africa Pranill Ramchander [email protected] Tel: +27 (0)11 638 2592 Ann Farndell [email protected] Tel: +27 (0)11 638 2786 |
UK Paul Galloway [email protected] Tel: +44 (0)20 7968 8718 Robert Greenberg [email protected] Tel: +44 (0)20 7968 2124 Sheena Jethwa [email protected] Tel: +44 (0)20 7968 8680 |
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Notes to editors:
Anglo American is a global diversified mining business and our products are the essential ingredients in almost every aspect of modern life. Our portfolio of world-class competitive mining operations and undeveloped resources provides the metals and minerals to meet the growing consumer-driven demands of the world's developed and maturing economies. With our people at the heart of our business, we use innovative practices and the latest technologies to discover new resources and mine, process, move and market our products to our customers around the world.
As a responsible miner - of diamonds (through De Beers), copper, platinum and other precious metals, iron ore, coal and nickel - we are the custodians of what are precious natural resources. We work together with our key partners and stakeholders to unlock the sustainable value that those resources represent for our shareholders, the communities and countries in which we operate and for society at large. Anglo American is re-imagining mining to improve people's lives.
Legal Entity Identifier: 549300S9XF92D1X8ME43
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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