Brief: Mincor Resources Says Acknowledge On-Market Takeover Offer From Wyloo

Mincor Resources NL

21/03/2023 02:13

March 21 (Reuters) - Mincor Resources NL  MCR.AX :
    * MINCOR ACKNOWLEDGES ON-MARKET TAKEOVER OFFER FROM WYLOO
    * NOTES ANNOUNCEMENT BY WYLOO CONSOLIDATED INVESTMENTS IT
INTENDS
TO MAKE AN ON-MARKET TAKEOVER BID FOR ALL SHARES IN CO
    * SHAREHOLDERS ADVISED TO TAKE NO ACTION IN RELATION TO
OFFER
UNTIL THEY RECEIVE MINCOR DIRECTORS' FORMAL RECOMMENDATION
    * WYLOO CONSOLIDATED TAKEOVER BID FOR CO AT A PRICE OF
A$1.40 PER
SHARE
    * WYLOO HAS NOT DECLARED OFFER TO BE "BEST AND FINAL"

Source text for Eikon:  ID:nASX2B00gC 
Further company coverage:  MCR.AX 

 ((Reuters.Briefs@thomsonreuters.com;))