CDV cardinal resources limited
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News: CDV Shandong Gold Mining Offers To Buy Australia's Cardinal Resources At A$0.6 Per Share

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    18/06/20
    21:35
    Post #: 45310869

    June 18 (Reuters) - Shandong Gold Mining Co Ltd 600547.SS :

    • SAYS ITS HONG KONG UNIT OFFERS TO BUY CARDINAL RESOURCES LTD (CDV) AT A$0.6 ($0.4123) PER SHARE
    • SAYS THE OFFER PRICE VALUES CARDINAL RESOURCES AT ABOUT A$300 MILLION
    • SAYS IT EXPECTS TOTAL TRANSACTION PRICE OF A$321 MILLION INCLUDING A$12 MILLION WORTH OF NEW SHARES TO BE ISSUED BY CARDINAL RESOURCES

    Source text in Chinese: https://bit.ly/37D0vbR

    600547.SS

    ($1 = 1.4552 Australian dollars)

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