Andean rejects hostile Kingsgate

AS EXPECTED, Andean Resources has rejected a hostile takeover offer by Kingsgate Consolidated, branding the bid “inadequate and opportunistic” and timed to deprive Andean shareholders of the benefits of its Cerro Negro gold project in Argentina.

Andean rejects hostile Kingsgate Andean rejects hostile Kingsgate Andean rejects hostile Kingsgate Andean rejects hostile Kingsgate Andean rejects hostile Kingsgate

Andean said the offer was a highly opportunistic attempt to seek control of Cerro Negro at an embryonic stage of its development, depriving its shareholders from getting the undiluted benefits of the

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