SLR silver lake resources limited
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May 4 (Reuters) - Australian gold miner St Barbara Ltd (SBM) ,...

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    04/05/23
    16:10
    Post #: 67610524

    May 4 (Reuters) - Australian gold miner St Barbara Ltd (SBM) , in a statement released on Thursday, said it had received a higher bid for its Western Australian Leonara assets from Silver Lake Resources (SLR) .

    However, it maintained that it would continue to back a proposal from Genesis Minerals (GMD) .

    On April 28, St Barbara received an unsolicited proposal from Silver Lake for the sale of Leonora for A$732 million ($489.78 million), it said. Genesis had bid A$600 million. ($1 = 1.4945 Australian dollars)

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