Capricorn says takeover suitors are circling following board spill

ASX-listed Capricorn Metals has been fielding requests from a number of companies interested in potentially acquiring the company as a whole, or its asset base.

Capricorn last week underwent a board spill in which shareholder Nero Resources and Neon Capital were successful in replacing the company’s MD and CFO, as well as a number of non-executive directors.