MII 0.00% 13.5¢ meridian minerals limited

Meridian receives confidential, non-binding, indicative and...

  1. 34 Posts.
    Meridian receives confidential, non-binding, indicative and incomplete
    takeover expression of interest from Northwest
    Highlights:
     Northwest has made a confidential, non-binding, indicative and incomplete
    expression of interest to make a takeover bid for Meridian (?Expression of Interest?);
     Under the Expression of Interest Northwest has informally proposed a price of $0.14
    per share (?Proposed Price?);
     Confidential discussions between Meridian and Northwest in relation to the
    Proposed Price are continuing but an agreement has not yet been reached;
     Meridian has terminated the proposed sale of the Lennard Shelf Project under the
    non-binding HoA; and
     Meridian's board has not yet made a formal recommendation as to whether to accept
    or reject the Expression of Interest as a formal bid has not yet been received by
    Meridian and discussions with Northwest regarding the Proposed Price are
    continuing but there is no certainty that any takeover will result from those
 
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