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20.5¢ minotaur exploration ltd

Ann: Trading Halt, page-43

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Colts6

423 Posts.

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09/11/21

12:46

Post #: 57426104
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Originally posted by ezirida: ↑

IMHO it's a done deal.. a change of control transaction .. a script for scrip deal that has been hammered out for months.. why did ADN suddenly jump 20% whilst MEP was managed @ 0.13 ? Because to sell the scrip for scrip they need to get it done before MEP logically starts bouncing up in tandem with ADN as it has in the past

furthemore I believe that both companies have been in discussion re this for months and would not want a offer, counter offer situation but rather a clean, win win, deal that MEP directors in principle agree to and that ADN board believe they can sell to the masses

in order to get a deal like this done they need to have support from major shareholders, directors etc etc who all come out after the announcement to say 'we recommend accepting the deal'

In a hostile T/O with an offer on the table directors would normally come straight out with 'we advise shareholders to take no action and to reject the current offer blah blah '

there will no doubt be further shenanigans but I believe ADN are on the cusp of pulling off one of the most brilliant corporate transformations in recent history .. To grow from $10M MC to $500M MC and then take out the company from which they earned into originally

Extraordinary stuff...

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If it is a done deal, we should find out relatively soon, no?

MEP Price at posting: 13.0¢ Sentiment: Hold Disclosure: Held
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Ann: Trading Halt, page-43

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Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Augustus sees imperial share rise on high-grade Cu and gold results at Ti-Tree

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