GWR shareholders warm to Fairstar bid

FAIRSTAR Resources' managing director Kevin Robertson is confident of a successful takeover of Golden West Resources, with acceptances to its bid increasing by 40%.

GWR shareholders warm to Fairstar bid GWR shareholders warm to Fairstar bid GWR shareholders warm to Fairstar bid GWR shareholders warm to Fairstar bid GWR shareholders warm to Fairstar bid

In a statement this morning, Fairstar announced that 27.69% of Golden West shareholders have accepted its bid of five Fairstar shares for each share in the takeover target.