Feb 9 (Reuters) - MHM Metals Ltd (MHM)
- Received an intention to make an off-market takeover offer for all of ordinary shares in company from Cadmon Ventures Pty
- Bidder proposes to offer MHM shareholders $0.0435 in cash for each MHM share they own, valuing equity in MHM at $5.93 million
- Offer price superior to existing off-market takeover offer from Mercantile OFM a wholly owned subsidiary of Mercantile Investment Co
