Sierra Rutile Holdings Limited (AU:SRX) has released an update.
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Sierra Rutile Holdings Limited has issued a second supplementary target’s statement urging shareholders to promptly accept an off-market takeover bid by Leonoil Company Limited, offering a cash purchase of Sierra Rutile shares at A$0.18 each. The directors of Sierra Rutile now unanimously recommend accepting the offer. Shareholders seeking advice or information regarding the offer can reach out to the Sierra Rutile Shareholder Information Line.
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