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Cardinal fight not over

Cardinal Resources has advised shareholders to take no action after Russia’s Nordgold again increased its bid under an on-market takeover offer.

Cardinal fight not over Cardinal fight not over Cardinal fight not over Cardinal fight not over Cardinal fight not over

Cardinal Resources' exploration base in Bolgatanga, Ghana

Nordgold is now offering A90c per share, valuing Cardinal at $420.5 million.

The Russian gold producer first acquired a 19.

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