From the announcement today:
"Explaurum and Alkane Resources Limited (Alkane) have agreed to terminate the Share Subscription Agreement dated 28 October 2018, so that the Improved Offer can be made unconditional."
"As the Alkane Strategic Investment is no longer proceeding and the Ramelius Offer will become unconditional, Explaurum intends to cancel to the General Meeting scheduled for Friday, 21 December 2018."
Only a fool wouldn't accept now.
From the announcement today: "Explaurum and Alkane Resources...
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