Takeover target Alto Metals has urged shareholder not to take any action in relation to a takeover offer from the Australian subsidiary of Shandong Goldsea Group.
Goldsea earlier this week issued its bidder statement for the 6.5c a share all cash offe…
Alto responds to Goldsea bid Read More »
ASX-listed TerraCom has increased its voting rights in takeover target Universal Coal to 87% as the deadline for the takeover offer looms. The suitor previously said that should it gain a shareholding of more than 75%, but less than 90% of Universal b…
TerraCom warns of Universal de-list plans Read More »
Suitor TerraCom has gained a 66% interest in the voting rights of takeover target Universal Coal.
“We have been overwhelmed with acceptances as our offer comes to a close this week. TerraCom sought to provide Universal security holders with the opport…
TerraCom inches into Universal ownership Read More »
Coal miner Universal Coal on Thursday resumed share trading after the company was unable to name a secondary bidder.
Universal earlier this week went into a trading halt after receiving a non-binding indicative intention from a second bidder for all o…
Universal’s mystery bidder remains masked Read More »
LSE-listed miner Petropavlovsk has reached a preliminary agreement with Liechtenstein-incorporated investment company Stocken Board, setting out terms on which the company would sell a 29.9% shareholding of its 31.1% holding in Hong Kong-based miner IR…
Petropavlovsk finds potential buyer for IRC stake Read More »
ASX-listed TerraCom’s unsolicited bid for South Africa-focused coal miner Universal Coal has continued to gain traction, with TerraCom announcing on Wednesday that it held voting rights to over 60% of Universal’s shares.
Universal earlier this week r…
TerraCom increases voting rights in Universal Read More »
TSX- and NYSE-listed Hudbay Minerals and investment firm Waterton Global Resource Management on Tuesday announced that they have agreed to amend certain of the standstill provisions of the settlement agreement that they entered into last year.
The par…
Hudbay and Waterton amend settlement agreement Read More »
Takeover target Universal Coal has urged shareholders to reject an unsolicited bid from ASX-listed TerraCom, after an independent expert determined that the offer was neither fair nor reasonable.
TerraCom’s 33.5c a share offer for Universal consists o…
TerraCom’s bid for Universal flunks expert scrutiny Read More »
Graphite and lithium-ion battery hopeful Magnis Energy Technologies has increased its shareholding in the iM3 New York battery plant from 50.86% to 53.39%. The ASX-listed company has inked a deal with Boston Opportunities No1 to acquire its entire shar…
Magnis increases New York participation Read More »
Gold explorer Cardinal Resources has received an indicative non-binding takeover offer from shareholder Nord Gold, which valued the Australian company at A$227-million.
Nord Gold has more than 98.4-million shares in Cardinal, giving the company a 19.9…
Cardinal gets an offer from Nordgold Read More »
