Eldorado offer not material: Andean

ANDEAN Resources says Eldorado Gold’s multi-billion dollar takeover offer in August was not disclosed to the market as the board “did not consider it material to the company”.

Eldorado offer not material: Andean Eldorado offer not material: Andean Eldorado offer not material: Andean Eldorado offer not material: Andean Eldorado offer not material: Andean

In response to a query from the Australian Securities Exchange this morning Andean denied that information regarding the bid leaked to the market, causing a surge in the value of its shares in August.

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