GRX 0.00% 86.5¢ greenx metals limited

latest announcement mergertakeover disccussion

  1. 5,377 Posts.
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    check out announcement today, the last bit is very interesting:

    as at the date of this notice, there is no information to be disclosed which is excluded
    information, as defined in sections 708A(7) and 708A(8) of the Act other than that the Board of
    Prairie has been approached by an Australian listed company which has evinced interest in
    exploring possibilities for a takeover of /merger with the Company. A preliminary discussion
    has occurred between certain members of the respective boards. Further discussions are
    anticipated. These discussions have been very preliminary and no firm proposal is yet in
    contemplation. Specifically there has been no discussion on pricing of any potential proposal.
    Accordingly no assurance can be given that any proposal will emerge from any further
    discussions that might occur or whether, if a proposal was to emerge, it would be supported by
    the Board. Further information will be provided to shareholders when appropriate.
 
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