SLR silver lake resources limited
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News: SLR Australia's St Barbara refuses to engage on Silver Lake's revised offer

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    23/05/23
    14:40
    Post #: 67918519

    May 23 (Reuters) - Australia's St Barbara (SBM) said on Tuesday it will not engage further with Silver Lake Resources (SLR) even after the gold-copper producer sweetened its bid to acquire the miner's Leonara assets in Western Australia on Friday.

    The revised bid of A$722 million ($489.73 million) gives "no improvement in the conditionality", the gold miner said in a statement.

    ($1 = 1.4743 Australian dollars)

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