CAPITAL MARKETS

Westgold ups bid for gold miner Gascoyne

WESTGOLD Resources has slightly increased its scrip offer for Gascoyne Resources to three of Westgold’s shares for every 11 Gascoyne shares, valuing the target company’s shares at 53c per share.

 Battle for Dalgaranga has slightly intensified with upped bid from Westgold

Battle for Dalgaranga has slightly intensified with upped bid from Westgold

The previous 1-for-4 bid valued Gascoyne shares at 48.75c. Prior to Westgold's bid emerging Gascoyne shares had spent the past three months trading at levels of 30-35c, with the stock at 31c immediately...

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