AGS alliance resources limited
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News: AGS Alliance Resources Gets Intention To Make An Off Market Takeover Bid From Gandel Metals

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    22/02/22
    19:20
    Post #: 59742359

    Feb 22 (Reuters) - ALLIANCE RESOURCES LTD (AGS) :

    • RECEIVED INTENTION TO MAKE AN OFF MARKET TAKEOVER BID FROM GANDEL METALS PTY
    • AGS BOARD, EXCLUDING NON-EXECUTIVE CHAIRMAN, IS CONSIDERING PROPOSAL
    • AGS BOARD INTENDS TO MAKE A FORMAL RECOMMENDATION ONCE A BIDDER'S STATEMENT IS RECEIVED OUTLINING FULL OFFER
    • TO ACQUIRE ALL OF ORDINARY SHARES OF CO THAT GANDEL METALS AND ITS ASSOCIATES DO NOT ALREADY OWN FOR A$0.18 PER SHARE
    • CLOSING DATE FOR ENTITLEMENT OFFER EXTENDED TILL FRIDAY 4 MARCH
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