Neon, MEO set to merge

AUSTRALIAN-based juniors Neon Energy and MEO Australia have announced plans for an all-scrip merger of the companies that would leave each party with 50% of the new entity.

Neon, MEO set to merge Neon, MEO set to merge Neon, MEO set to merge Neon, MEO set to merge Neon, MEO set to merge

In the scheme of arrangement, MEO shareholders will exchange each of their shares for 0.7369 Neon shares.

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