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Galilee Energy Ltd Receives Proportional Takeover Offer From Mercantile Investment Company Limited


Tuesday, 22 Oct 2013 12:00am EDT 

Galilee Energy Ltd announced that it has received a letter from Mercantile Investment Company Ltd (MVT) stating intention to make a proportional takeover offer for 50% of each member’s shareholding in Galilee. MVT plans to offer AUD0.15 per share compared to close of AUD0.13 per share. The Company will provide updates as information becomes available. 

Company Quote

0.12
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30 Jan 2015