DCN dacian gold limited
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Oct 16 (Reuters) - Genesis Minerals: ENTERED INTO A BINDING BID...

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    16/10/23
    12:15
    Post #: 70364873

    Oct 16 (Reuters) - Genesis Minerals:

    • ENTERED INTO A BINDING BID IMPLEMENTATION DEED WITH DACIAN GOLD LIMITED
    • GENESIS PROPOSES TO OFFER TO ACQUIRE ALL OF ORDINARY SHARES IN DACIAN IT DOES NOT ALREADY OWN
    • DACIAN SHAREHOLDERS WILL RECEIVE 0.1685 NEW GENESIS SHARES FOR EVERY 1 DACIAN SHARE HELD
    • OFFER IS UNANIMOUSLY RECOMMENDED BY DACIAN'S INDEPENDENT BOARD COMMITTEE IN ABSENCE OF A SUPERIOR PROPOSAL
    • IMPLIED OFFER VALUE FOR DACIAN OF A$0.235 PER SHARE
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