Oct 21 (Reuters) - Focus Minerals Ltd (FML) :
- UPDATES ON POTENTIAL SALE OF COOLGARDIE GOLD PROJECT
- HORIZON ELECTED TO EXERCISE MATCHING RIGHT UNDER EXCLUSIVITY DEED & SUBMITTED A REVISED NON-BINDING INDICATIVE PROPOSAL TO FOCUS
- BOARD HAS DETERMINED HORIZON COUNTER PROPOSAL TO BE NO LESS FAVOURABLE TO FOCUS SHAREHOLDERS THAN COMPETING PROPOSALS
- HORIZON COUNTER PROPOSAL INCLUDES A TOTAL CONSIDERATION OF A$52 MILLION, ALL CASH, PAYABLE TO FOCUS OVER A 12-MONTH PERIOD
- FOCUS AND HORIZON WILL CONTINUE TO USE ENDEAVOURS TO AGREE ON FORMAL BINDING DOCUMENTATION IN RESPECT OF COUNTER PROPOSAL
Source text http//www.asx.com.au/asxpdf/20191021/pdf/449p1sbsgmkgvc.pdf
News: FML Focus Minerals Updates On Potential Sale Of Coolgardie Gold Project
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Mkt cap ! $191.9M | |||
| Open | High | Low | Value | Volume |
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