Nov 8 (Reuters) - Moly Mines Ltd (MOL) :
- It has increased its offer for Gulf Alumina Limited
- Moly's increased offer is of a$0.63 cash or a$0.46 cash plus 1.14 moly shares
- Metro has entered into a bridging loan agreement with its largest shareholder, Greenstone Resources
- Moly considers that its proposal is superior to offer made by Metro Mining Limited
- Metro's offer, to be funded using wholly borrowed funds
- Participation in cash only option to be subject to total amount of consideration payable by moly under increased offer not exceeding a$42 million
Nov 8 (Reuters) - Moly Mines Ltd (MOL) : It has increased its...
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Mkt cap ! $555.0M | |||
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