Brief: Aguia Resources Says Proposed Takeover For Andean Mining Limited

Aguia Resources

22/12/2023 24:24

Dec 22 (Reuters) - Aguia Resources Ltd  AGR.AX :
    * PROPOSED TAKEOVER FOR ANDEAN MINING LIMITED
    * PROPOSES TO ACQUIRE ALL OF SHARES IN ANDEAN MINING LIMITED
VIA
AN OFF-MARKET TAKEOVER OFFER
    * UNDER OFFER, AGUIA PROPOSES TO OFFER ABOUT 453 MILLION
AGUIA
SHARES IN CONSIDERATION FOR 100% OF ISSUED SHARES IN ANDEAN
    * ANDEAN'S INDEPENDENT BOARD COMMITTEE HAS RECOMMENDED THAT
ANDEAN
SHAREHOLDERS ACCEPT OFFER
    * IF THE TAKEOVER IS SUCCESSFUL, IT IS PROPOSED THAT ANDEAN
MANAGING DIRECTOR WILLIAM HOWE WILL  JOIN THE BOARD OF AGUIA

Source text for Eikon:  ID:nASX1b2bVz 
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