Focus and Crescent to join

HOT on the heels of the proposed Catalpa-Conquest merger, junior gold producer Focus Minerals has announced a friendly off-market, all-scrip takeover of fellow Goldfields miner Crescent Gold.

Focus and Crescent to join Focus and Crescent to join Focus and Crescent to join Focus and Crescent to join Focus and Crescent to join

Focus will offer one share for every 1.18 Crescent shares held, representing a 30.5% premium to Crescent’s last closing price of A5c.

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