Helix Resources Evaluates Takeover Offer
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Helix Resources Evaluates Takeover Offer

Helix Resources Limited (AU:HLX) has released an update.

Helix Resources Limited, an ASX-listed company focused on copper and gold exploration in NSW, has received an unsolicited, conditional off-market takeover offer from Acta Investment Group to acquire 25% of the company’s shares not already held by Acta for $0.005 each. Helix’s board has advised shareholders to take no action at this time and will provide updates on the situation as it develops. The company is currently evaluating several prospects in the region, including the Canbelego JV Project and a historical gold field at Muriel Tank.

For further insights into AU:HLX stock, check out TipRanks’ Stock Analysis page.

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