Minmetals Resources Limited (HKG:1208) has reached agreement with stakeholders in the Democratic Republic of Congo (DRC) on the all-cash recommended takeover offer to acquire all of the common shares of Anvil Mining Limited, at a cash consideration of C$8.00 (HK$60.4) for each common share.

Minmetals Resources said that it has been informed by its shareholders that C$1.03 billion (HK$8.034 billion) of the consideration will be satisfied by the company's cash reserves; and C$300 million (HK$2.34 billion) of the consideration will settled by a partial drawdown of the CMN loan, an unsecured acquisition finance facility of up to US$1 billion.