Stocks in Play

Mantra Resources Limited

12:09 PM EST - Mantra Resources Limited : provided the following update on the status of the revised all-cash offer from JSC Atomredmetzoloto to acquire all of the issued shares in Mantra by way of a Board recommended Scheme of Arrangement under the Australian Corporations Act, which was announced on March 22 If the Scheme becomes effective, Mantra shareholders will receive total cash payments of A$7.02 per share, comprising A$6.87 in cash for every Mantra share they own under the Scheme; and an unfranked special dividend of A$0.15 for every Mantra share they own as at the Record Date under the Scheme. Mantra Resources Limited shares T.MRL are trading up $0.02 at $6.65.