Moly Mines Reports Notification of a ''Superior Proposal'' from Gulf Alumina
(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 11/02/16 -- Moly Mines Limited (ASX: MOL) ("Moly") advises that on 1 November 2016 it received notification from the Board of Gulf Alumina Limited (''Gulf'') regarding the takeover offer by Metro Mining Limited.
Gulf directors advise they have determined Metro''s offer to be a ''Superior Proposal'' to the previously-recommended takeover proposal by Moly.
Under the terms of the Offer Implementation Agreement between Moly and Gulf, Moly now has 5 business days in which to match Metro''s offer, before the Gulf Directors can withdraw their recommendation of Moly''s offer.
Accordingly, Moly is currently considering its position and will respond within the required timeframe.
ABN 32 103 295 5211
Contacts:
Moly Mines Limited
Graeme Kininmonth
Chief Executive Officer
+61 8 9429 3300
Moly Mines Limited
Natalie Frame
Investor Relations
+1 416 371 7541
Media
Citadel-MAGNUS
Michael Weir / Richard Glass
+61 8 6160 4900
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 02.11.2016 - 04:00 Uhr
Sprache: Deutsch
News-ID 1467319
Anzahl Zeichen: 2772
contact information:
Contact person:
Town:
TORONTO, ONTARIO
Phone:
Kategorie:
Mining & Metals
Typ of Press Release:
type of sending:
Date of sending:
Anmerkungen:
Diese Pressemitteilung wurde bisher 167 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Moly Mines Reports Notification of a ''Superior Proposal'' from Gulf Alumina
"
steht unter der journalistisch-redaktionellen Verantwortung von
Moly Mines Limited (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
