Karmin Exploration Inc. (“Karmin” or the “Company”) (TSXV and Lima Stock Exchange: KAR) is pleased to announce that the Company has entered into a definitive arrangement agreement (the “Arrangement Agreement”) with Nexa Resources S.A. (“Nexa”) (TSX and NYSE: NEXA) pursuant to which Nexa will acquire all of the issued and outstanding shares of Karmin by way of statutory plan of arrangement (the “Transaction”). Under the terms of the Transaction, Karmin shareholders will receive US$69.3 million or approximately US$0.77 (being C$1.02 at the date hereof) in cash on a fully diluted basis for each Karmin share held.

source https://finance.yahoo.com/news/nexa-resources-acquire-karmin-exploration-000300520.html?.tsrc=rss