ORR orecorp limited
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News: ORR Orecorp Says Board Working Through Perseus Announcement

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    22/01/24
    19:30
    Post #: 72008320

    Jan 22 (Reuters) - Orecorp (ORR) :

    • RESPONSE TO ANNOUNCEMENT REGARDING TAKEOVER BID BY PERSEUS
    • ORECORP BOARD IS WORKING THROUGH PERSEUS ANNOUNCEMENT
    • BOARD HAS NOT CHANGED THEIR EXISTING UNANIMOUS RECOMMENDATION IN FAVOUR OF CURRENT OFFER BY SILVERCORP
    • BOARD OF ORECORP CAREFULLY CONSIDERED PERSEUS PROPOSAL
    • NOTIFIED PERSEUS ITS OFFER WAS NOT CONSIDERED TO BE A SUPERIOR PROPOSAL FOR PURPOSES OF BID IMPLEMENTATION DEED WITH SILVERCORP METALS
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