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Azumah Resources’ board has capitulated to a hostile takeover bid by key shareholder and its partner in the 2.8 million ounce Wa gold project in Ghana, unanimously recommending shareholders accept the offer, after Ibaera Capital bumped up its cash offer from A2.8c to 3.3c.
Azumah Resources has recommended a takeover offer from its Wa partner
Hostile bid for Ghana gold player rebuffed as opportunistic and under value
Ghana's next gold mine in Azumah's sights
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