Catalpa fires back

CATALPA Resources has responded to fellow gold miner St Barbara’s proposed $A349 million tie-up, labelling the would-be suitor’s offer as opportunistic and urging shareholders to take no action regarding their Catalpa shares.

Catalpa fires back Catalpa fires back Catalpa fires back Catalpa fires back Catalpa fires back

St Barbara announced today it approached the Catalpa board on May 10 with a scheme of arrangement proposal which values Catalpa at $349 million and the merged company at $865 million.

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