METS

EDMS shares up on Hughes deal

EVERYDAY Mine Services shares have spiked by as much as 37% after it announced a merger with Queensland coal production drilling specialist Hughes Drilling.

MiningNews.Net
EDMS shares up on Hughes deal

The merger will also result in EDMS acquiring Express Hydraulics. EDMS will issue about 721 million ordinary shares and 360 million performance shares to Hughes. Hughes’ shareholding will be between...

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