MGV musgrave minerals limited
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June 6 (Reuters) - Musgrave Minerals Ltd (MGV) : WESTGOLD...

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    06/06/23
    11:30
    Post #: 68150545

    June 6 (Reuters) - Musgrave Minerals Ltd (MGV) :

    • WESTGOLD ANNOUNCES TAKEOVER OFFER FOR MUSGRAVE
    • OFFER CONSIDERATION IMPLIES AN UNDILUTED EQUITY VALUE FOR MUSGRAVE OF A$177.3 MILLION OR A$0.30 PER SHARE
    • UNDER OFFER, MUSGRAVE SHAREHOLDERS WILL RECEIVE 1 FULLY PAID WESTGOLD ORDINARY SHARE FOR EVERY 5.37 MUSGRAVE SHARES HELD
    • LOOKS FORWARD TO ENGAGING AS SOON AS PRACTICABLE WITH MUSGRAVE AND ITS ADVISERS IN RESPECT OF OFFER
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