MINING REFINING

Aurum Resources on Mako Gold takeover timetable

Wed Jan 29 2025

Aurum Resources Ltd advises that the securities of Mako Gold Ltd are due to be suspended from quotation on the ASX from the close of trading on Monday, February 3, 2025. As a result, delisting of Mako shares from the ASX is expected to occur on the third business day following the suspension date. This follows the compulsory acquisition notice released by Aurum on Friday, January 24, 2025, subsequent to its successful takeover offer for Mako Gold.

The Aurum offer expires at 7:00 pm Sydney time on January 31, 2025, and Mako shareholders who have not yet accepted the takeover offer are encouraged to do so as soon as possible. "If you do not accept the offer and your Mako shares are compulsorily acquired by Aurum, your receipt of bid consideration will be delayed," Aurum said.

Source: https://www.proactiveinvestors.com.au/