Helix Resources Urges Rejection of Acta’s Offer

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

Helix Resources Ltd has advised shareholders to reject Acta Investment Group’s unsolicited takeover offer, citing concerns over control without a premium, restrictive conditions, and lack of a long-term commitment. Helix’s Board remains focused on its copper-gold exploration projects and is optimistic about future discoveries. They assure shareholders that a detailed response will be provided soon, emphasizing their commitment to maximizing shareholder value.

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