SRX sierra rutile holdings limited
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News: SRX Sierra Rutile Board Recommends Takeover Offer From Gemcorp

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    01/07/24
    11:50
    Post #: 74546238

    July 1 (Reuters) - Sierra Rutile Holdings Ltd (SRX) :

    • SIERRA RUTILE BOARD RECOMMENDS TAKEOVER OFFER FROM GEMCORP
    • UNDER DEAL, GEMCORP TO OFFER TO ACQUIRE ALL OF ISSUED AND OUTSTANDING ORDINARY SHARES IN SRX IT DOES NOT ALREADY OWN
    • CASH OFFER OF A$0.16 PER SHARE
    • OFFER IMPLIES TOTAL UNDILUTED EQUITY VALUE FOR SRX OF A$67.9 MILLION

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