SLR silver lake resources limited
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May 23 (Reuters) - Genesis Minerals Ltd (GMD) : DETERMINES NOT...

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    23/05/23
    19:10
    Post #: 67924513

    May 23 (Reuters) - Genesis Minerals Ltd (GMD) :

    • DETERMINES NOT TO ENGAGE WITH SILVER LAKE
    • SALE OF LEONORA ASSETS TO GENESIS MINERALS REMAINS ON TRACK FOR 30 JUNE
    • REVISED, NON-BINDING, INDICATIVE AND CONDITIONAL PROPOSAL FROM SILVER LAKE COMPRISES CASH CONSIDERATION OF A$370 MILLION
    • REVISED PROPOSAL FROM SILVER LAKE COMPRISES SCRIP CONSIDERATION, COMPRISING 327.1 MILLION NEW SILVER LAKE SHARES
    • NO IMPROVEMENT IN CONDITIONALITY PROPOSED BY SILVER LAKE IN ITS REVISED NON-BINDING, INDICATIVE AND CONDITIONAL PROPOSAL
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