Brief: Orecorp Says Board Working Through Perseus Announcement
22/01/2024 08:27
Jan 22 (Reuters) - Orecorp ORR.AX :
* RESPONSE TO ANNOUNCEMENT REGARDING TAKEOVER BID BY PERSEUS
* ORECORP BOARD IS WORKING THROUGH PERSEUS ANNOUNCEMENT
* BOARD HAS NOT CHANGED THEIR EXISTING UNANIMOUS
RECOMMENDATION IN
FAVOUR OF CURRENT OFFER BY SILVERCORP
* BOARD OF ORECORP CAREFULLY CONSIDERED PERSEUS PROPOSAL
* NOTIFIED PERSEUS ITS OFFER WAS NOT CONSIDERED TO BE A
SUPERIOR
PROPOSAL FOR PURPOSES OF BID IMPLEMENTATION DEED WITH SILVERCORP
METALS
Source text for Eikon: ID:nASX7zsNsG
Further company coverage: ORR.AX
((Reuters.Briefs@thomsonreuters.com;))
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