BRIEF-Rouge Resources to buy Pampas El Peñon Gold Project, Chile
June 15 (Reuters) - Rouge Resources :
* Consideration for acquisition consists of 8.65 million common shares of co to be issued to Arena & 4.85 million shares to be issued to SQM
* Entered into binding letter of intent with Arena Minerals Inc for acquisition of Pampas El Peñon Gold Project in Chile
* In connection with acquisition co undertaking private placement of up to 12 million common shares at price of $0.26 per common share
* Rouge Resources Ltd announces acquisition of Pampas El Peñon Gold Project, Chile Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)
© Thomson Reuters 2017 All rights reserved.