SLR silver lake resources limited
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News: SLR Australia's Silver Lake submits revised bid for St Barbara's Leonara assets

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    11/05/23
    09:45
    Post #: 67714717

    May 11 (Reuters) - Silver Lake Resources Ltd (SLR) made a revised offer on Thursday to buy St Barbara Ltd's (SBM) Leonara assets in Western Australia for A$707 million ($479.56 million), allowing the latter to secure a 7.5% stake in the gold miner.

    St Barbara said earlier this month it would continue to back a bid of A$600 million from Genesis Minerals Ltd (GMD) for Leonara assets.

    ($1 = 1.4743 Australian dollars)

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