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Bid to buy Shanta Gold for $142M at premium to share price

Saturn Resources bid offers shareholders a chance to exit, says chair

Siobhan Lismore-Scott
Shanta's Luika gold mine Source: Shanta Gold

Shanta's Luika gold mine Source: Shanta Gold

Saturn Resources has agreed to buy Shanta Gold for $141.95 million, or 13.5p/share, it said in a release today. Saturn, a newly-formed company wholly owned by ETC Holdings (Mauritius), said that the...

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