Brief: MC Mining Announces Receipt Of Notice Of Intention To Make Takeover

MC Mining

03/11/2023 01:23

Nov 3 (Reuters) - MC Mining Ltd  MCM.AX :
    * RECEIPT OF NOTICE OF INTENTION TO MAKE A TAKEOVER - TAKE
NO
ACTION
    * RECEIVED A LETTER DATED 1 NOV FROM SENOSI GROUP INVESTMENT
HOLDINGS PROPRIETARY  AND DENDOCEPT PROPRIETARY
    * PROPOSAL LETTER OUTLINES CONSORTIUM'S PROPOSAL AND
INTENTION TO
MAKE AN OFF-MARKET CASH TAKEOVER OFFER FOR ALL SHARES IN CO
    * PROPOSAL LETTER OUTLINES CONSORTIUM'S PROPOSAL, INTENTION
TO
MAKE OFF-MARKET CASH TAKEOVER OFFER  FOR ALL SHARES IN CO NOT
HELD BY CONSORTIUM
    * INDICATIVE CASH CONSIDERATION OFFER RANGE OF
AUD$0.20-AUD$0.23
PER ORDINARY SHARE
    * CONSORTIUM'S PROPOSAL LETTER DOES NOT YET PROVIDE A
DEFINITIVE
OFFER PRICE FOR PROPOSED TAKEOVER

Source text for Eikon:  ID:nASXbsxt8C 
Further company coverage:  MCM.AX 

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