News: EXU Explaurum Says Co Recommends Improved Offer From Ramelius Resources

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    Dec 18 (Reuters) - Explaurum Ltd (EXU) :

    • UNANIMOUSLY RECOMMEND CO'S SHAREHOLDERS ACCEPT IMPROVED OFFER FROM RAMELIUS RESOURCES, IN ABSENCE OF SUPERIOR PROPOSAL
    • RAMELIUS HAS ALSO AGREED TO ADVANCE TO EXPLAURUM AN UNSECURED AND INTEREST FREE LOAN TO MEET ITS FINANCIAL COMMITMENTS
 
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