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Provider: Reuters Investment Profile
Provider: Directors Deals Ltd.

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Gogold Resources Inc announces its intention to make an offer to acquire Animas Resources Ltd

Monday, 30 Dec 2013 03:16pm EST 

Gogold Resources Inc:Says it intends to make an offer to acquire all of the outstanding common shares and warrants of Animas Resources Ltd.Says pursuant to the proposed offer, Animas shareholders will be entitled to receive $0.07 in cash and 0.0851 of a GoGold common share for each Animas common share validly tendered to the proposed offer.Says based on the closing prices of GoGold and Animas on Dec. 24, 2013, the transaction values each Animas Common Share at $0.15 and represents a premium of about 87.5 percent to Animas shareholders.Says it intends to acquire all Animas warrants. 

Company Quote

22 Apr 2014