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Accent receive takeover, shares drop

INVESTORS have frowned on Accent Resources following news Xingang Resources has made an on-market takeover bid for shares it doesn't already own in the junior explorer.

MiningNews.Net
Accent receive takeover, shares drop

Xingang is offering A33c per share for Accent, valuing the company at around $57 million based on its 173 million shares currently on issue. The 33c offer price represents an 11% discount to its closing...

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