Aurum Resources Pursues Takeover of Mako Gold

Mako Gold Limited (AU:MKG) has released an update.

Aurum Resources Limited has announced a capital raise of $10 million to fund its takeover bid for Mako Gold Limited and support exploration and feasibility studies for its gold projects. The takeover bid includes an offer for all ordinary shares and certain options in Mako, with the share offer set to close on January 31, 2025. This move is part of Aurum’s strategic growth plan focusing on expanding its gold exploration portfolio.

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