january in review
GNL shareholders pass resolutions supporting merger with ELL
Moongold pty ltd from WA comes onto the share register as substantial shareholder early january.
GNL directors recieve an unsolicited takeover offer from unnamed WA company just before the resolutions are voted on and reject it as not being of value. - confidentiality prevented them from telling us who.
Some additional drilling results from a joint venture partner
Moongold Pty Ltd after only 3 weeks of being substantial shareholder sells down its stake for reasons unknown and exits the substantial shareholders list
End of month we await the ELL vote going towards the end of Feb if they approve GNL and ELL will become known as hawthorn resources
Interesting times ahead
GNL
great gold mines nl
