Tirupati Graphite PLC (LSE:TGR, OTCQX:TGRHF) has slightly amended the details of its acquisition of Suni Resources, a Mozambique-based subsidiary of Australia-listed Battery Minerals.
Instead of two equal tranches, the 10mln consideration shares, worth £5.28mln, will now be issued roughly one third/ two thirds with the first tranche issued today and the rest on 8 December.
The change is to meet UK prospectus regulations, said Tirupati, with the other terms unchanged.