-Polymetal International plc - Payment of deferred consideration for Primorskoye property

Mar 2, 2017 - ENP Newswire

Polymetal International plc (LSE, MOEX: POLY, ADR: AUCOY) (together with its subsidiaries - 'Polymetal', the 'Company', or the 'Group') announces the payment of a deferred consideration for the acquisition of the Primorskoye property.

Under the deal terms, the deferred consideration is based on the reserve estimate and paid in cash. However, the parties agreed for the deferred consideration to be based on the mineral resource estimate and paid in Company shares.

Therefore, the deferr

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