Tango extends Herald bid

TANGO Mining – PT Antam and Shenzhen Zhongjin Lingnan Nonfemet’s takeover vehicle for Herald Resources – has extended its offer for the Perth-based zinc play until June 24, one day after rival bidder PT Bumi Resources upped its Herald offer.

Tango extends Herald bid Tango extends Herald bid Tango extends Herald bid Tango extends Herald bid Tango extends Herald bid

In a joint news statement released yesterday, the companies said the extension would enable Tango’s board to consider its response to the variations to the bid by Calipso Investment – Bumi’s takeover

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