CNR cannon resources limited
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Oct 31 (Reuters) - Cannon Resources Ltd (CNR) : CANNON...

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    31/10/22
    09:55
    Post #: 64489906

    Oct 31 (Reuters) - Cannon Resources Ltd (CNR) :

    • CANNON RECOMMENDS ALL CASH TAKEOVER OFFER FROM KINTERRA
    • ENTERED INTO A BID IMPLEMENTATION AGREEMENT WITH KEDALION NICKEL
    • DEAL FOR ALL CASH OFFER OF A$0.45 PER SHARE
    • UNANIMOUSLY RECOMMENDS THAT CANNON SHAREHOLDERS ACCEPT OFFER
    • CANNON'S DIRECTORS HAVE CONFIRMED THEIR INTENTION TO ACCEPT OFFER, IN ABSENCE OF SUPERIOR PROPOSAL
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