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Stock impact report

Westwater Resources acquiring Canada's Alabama Graphite [Seeking Alpha]

Westwater Resources, Inc. (WWR) 
Last westwater resources, inc. earnings: 8/8 04:39 pm Check Earnings Report
US:NASDAQ Investor Relations: westwaterresources.net
Company Research Source: Seeking Alpha
Westwater Resources acquiring Canada's Alabama GraphiteWestwater Resources (NASDAQ:WWR) isacquiring Canada-based Alabama Graphite (OTCQB:CSPGF) to add to a portfolio of green-energy mineral mining.The boards have unanimously agreed on the deal.It'll be completed via a court-approved plan of arrangement where each holder of an Alabama Graphite common share will receive 0.08 of a Westwater common share, valuing Alabama Graphite at C$0.117/share (a discount of about 2.3% from Dec. 11 closing).Alabama Graphite has 145,315,187 common shares issued and outstanding. Westwater has 27,640,324 common shares outstanding; after the deal, it will have 39,265,539 issued and outstanding, of which 70% will be held by its current shareholders and 30% by Alabama Graphite's.Click to subscribe to real-time analytics on CSPGFNow read:Graphite Update: Syrah's Giant Mine Is About To Start Production » Show less Read more
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