Leyshon Resources split gets go-ahead - Leyshon Resources - TopicsExpress

Leyshon Resources split gets go-ahead - Leyshon Resources (LON:LRL) demerger plans got the go-ahead from shareholders at a general meeting. The move splits the company in two. One, Leyshon Energy, will focus on gas, the other - Leyshon Resources - will concentrate on mining in China. Leyshon Energy, focusing on the gas, takes with it US$35mln, and qualifying shareholders will retain a share in the new company - others will receive a cash payment. The listed share, ... ow.ly/2CXx7c

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