Mako Gold Limited (AU:MKG) has released an update.
Aurum Resources Limited has launched an off-market takeover bid for Mako Gold Limited, offering shareholders a deal involving Aurum shares in exchange for Mako shares and options. Mako’s directors have unanimously recommended the bid in the absence of a superior proposal. The offer is set to close at 7:00pm Sydney time on a specified date unless extended.
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