Westgold Resources Limited (Westgold or the Company) refers to the off-market takeover offer made by Ramelius Resources Limited (Ramelius) for Musgrave Minerals Limited (Musgrave) comprising $0.04 in cash and 1 Ramelius share for every 4.21 Musgrave shares announced on Monday, 3 July 2023 (Ramelius Offer). In response to the Ramelius Offer, Westgold advises that it does not intend to improve its all-scrip offer consideration of 1 Westgold share for every 5.37 Musgrave shares under its off-market takeover offer, nor to vary the offer by extending the period or releasing any of the defeating conditions. Westgold’s offer will close at 5:00pm (AWST) on Monday, 24 July 2023 and any acceptances will be null and void.
They may be after Ora gold now ???
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