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News: Extract to receive offer by March

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    Taurus Minerals Limited has received acceptances under its offer for Extract Resources Limited’s (ASX:EXT, TSX:EXT, NSX:EXT) major shareholder, Kalahari Minerals, of 89.5 per cent.



    It must now proceed with its takeover offer of Extract Resources for $8.65 per share by the start of next month.



    In a statement Extract says its independent directors are investigating whether there are any available alternatives to maximise value for shareholders.



    Extract Resources reported a net loss of $55 million in the 2011 financial year.

 
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Last
0.9¢
Change
0.000(0.00%)
Mkt cap ! $18.65M
Open High Low Value Volume
0.9¢ 0.9¢ 0.8¢ $4.687K 524.5K

Buyers (Bids)

No. Vol. Price($)
4 441211 0.8¢
 

Sellers (Offers)

Price($) Vol. No.
0.9¢ 4762564 2
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Last trade - 14.11pm 24/06/2025 (20 minute delay) ?
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