CNR cannon resources limited
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News: CNR Rox Resources Notes Announcement By Cannon Resources Of Entry Into Bid Implementation Deal

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    31/10/22
    12:20
    Post #: 64495498

    Oct 31 (Reuters) - Rox Resources Ltd (RXL) :

    • ALL CASH TAKEOVER OFFER FOR CANNON RESOURCES
    • NOTES ANNOUNCEMENT BY CANNON RESOURCES OF ITS ENTRY INTO BID IMPLEMENTATION AGREEMENT WITH KEDALION NICKEL PTY
    • IF TAKEOVER COMPLETES ON TERMS ANNOUNCED BY CANNON, ROX WILL RECEIVE CASH PROCEEDS OF ABOUT A$3.8M FOR ITS CANNON SHARES
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