Established 1835
RESOURCE STOCKS
✕
PRECIOUS METALS

Azumah accepts revised Ibaera offer

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.

Staff reporter
Azumah Resources has recommended a takeover offer from its Wa partner

Azumah Resources has recommended a takeover offer from its Wa partner

Azumah's tune has changed over the past two weeks, when its target statement rejected the hostile offer and signalled an intention to fight, saying Ibaera may even be prepared to sell Wa.   It describes...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now
RELATED ARTICLES
MORE ON THIS TOPIC

FROM OUR PARTNERS

View more
RESOURCE STOCKS

Northern Territory Copper Project Well Positioned

RESOURCE STOCKS

PolarX Strongly Backed by Gold Major

MOST POPULAR

1
MINERS

Zijin's DRC mine reportedly suspended as shipments returned due to radiation

2
BASE METALS

Not just copper: minerals markets have yet to catch up on the implications of the AI boom

3
ENERGY MINERALS

Bushveld Minerals share price dives as company floats suspension possibility

4
BASE METALS

Norilsk Nickel to build Chinese smelter

RESEARCH

lock Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.

editions

Mining Journal Intelligence Global Leadership Report 2023: Social licence

Gain insights into social licence trends and best practices from interviews with 20+ top mining company executives and an industrywide survey.

Content
about
SOLUTIONS
legal

THE ASPERMONT BRAND PORTFOLIO

Copyright © 2000-2024 Aspermont Media Ltd. All rights reserved. Aspermont Media is a company registered in England and Wales. Company No. 08096447. VAT No. 136738101. Aspermont Media, WeWork, 1 Poultry, London, England, EC2R 8EJ.

Login