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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.

Kristie Batten
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. Focus had entered into a pre-bid agreement with Deutsche Bank for...

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