Brief: MC Mining Updates In Relation To Off- Market Takeover Bid By Goldway Capital Investment
15/02/2024 10:42
Feb 15 (Reuters) - MC Mining Ltd MCM.AX :
* PROVIDES UPDATE IN RELATION TO OFF- MARKET TAKEOVER BID BY
GOLDWAY CAPITAL INVESTMENT
* PRELIMINARY RECOMMENDATION OF CO'S INDEPENDENT BOARD
COMMITTEE
IS THAT SHAREHOLDERS DO NOT ACCEPT TAKEOVER OFFER FROM GOLDWAY
* CO'S INDEPENDENT BOARD COMMITTEE OF VIEW THAT TAKEOVER
OFFER IS
OPPORTUNISTIC
* INDEPENDENT BOARD COMMITTE OF VIEW THAT OFFER DOES NOT
APPEAR TO
ATTRIBUTE ADEQUATE VALUE TO MC MINING'S ASSETS AND PROJECTS
Source text for Eikon: ID:nASX32JDmp
Further company coverage: MCM.AX
((Reuters.Briefs@thomsonreuters.com;))
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