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Herald accepts Antam, Zhongjin's $A495m bid

TAKEOVER target Herald Resources has thrown its weight behind the $A495 million offer from PT Antam and Shenzhen Zhongjin Lingnan Nonfemet, but has instructed shareholders to wait until near the end of the offer period before accepting the bid.

MiningNews.Net
Herald accepts Antam, Zhongjin's $A495m bid

The Perth-based zinc and lead miner said it recommends shareholders accept the $2.50 per share all cash offer from Tango Mining, the joint venture bid vehicle of Antam and Zhongjin, in the absence of a...

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