EXU 0.00% 17.0¢ explaurum limited

News: EXU Ramelius Resources Announces Improved, Best & Final Takeover Offer For Explaurum

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    Dec 13 (Reuters) - Ramelius Resources Ltd (RMS) :

    • ANNOUNCES IMPROVED, BEST AND FINAL TAKEOVER OFFER FOR EXPLAURUM LIMITED
    • BEST AND FINAL TOTAL CONSIDERATION $0.134 PER SHARE
    • OFFERS TO PROVIDE A FINANCE FACILITY TO EXPLAURUM TO ENSURE SOLVENCY DURING BID PROCESS
    • TO IMPROVE CURRENT SCRIP OFFER BY $0.02 CASH/SHARE IN ADDITION TO EXISTING CONSIDERATION OF 1 RAMELIUS SHARE PER 4 EXPLAURUM SHARE
    • MAJOR EXPLAURUM SHAREHOLDERS REPRESENTING ABOUT 14.3% OF EXPLAURUM INTEND TO ACCEPT IMPROVED OFFER AND VOTE AGAINST ALKANE TRANSACTION

    Source text (http//reut.rs/2QQNm8W)

    (([email protected];))

 
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