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Gorno zinc asset attracts takeover offer

Four years after making an initial investment, Australian family office Victor Smorgon Group has launched a bid for long time Italy zinc hopeful Altamin.

Gorno zinc asset attracts takeover offer Gorno zinc asset attracts takeover offer Gorno zinc asset attracts takeover offer Gorno zinc asset attracts takeover offer Gorno zinc asset attracts takeover offer

Gorno, Italy

The A9.5c per share bid values Altamin (until recently known as Alta Zinc) at $37.2 million.

The bid price is a 14% premium to average share price over the past two months.

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