Brief: Mc Mining Gets Letter From Shareholders Of Co

MC Mining

02/11/2023 14:12

Nov 2 (Reuters) - MC Mining Ltd  MCM.AX :
    * GOT LETTER DATED 1 NOV FROM  SHAREHOLDERS OF CO, SENT ON
BEHALF
OF SHAREHOLDERS, ASSOCIATES TO REPRESENT 64.5%  OF ISSUED
CAPITAL IN CO
    * LETTER OUTLINES CONSORTIUM'S PROPOSAL, INTENTION TO MAKE
OFF-MARKET CASH TAKEOVER OFFER FOR ALL CO SHARES NOT CURRENTLY
HELD BY CONSORTIUM
    * PROPOSAL FOR INDICATIVE CASH CONSIDERATION OFFER RANGE OF
AUD$0.20-AUD$0.23 / ORDINARY SHARE, BASED ON CO'S UNDILUTED
SHARE CAPITAL

Source text for Eikon:  ID:nJseB0042a 
Further company coverage:  MCM.AX 

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