Poseidon gets takeover proposal

POSEIDON Nickel has received a binding takeover proposal from a Texan private equity firm.

Poseidon gets takeover proposal Poseidon gets takeover proposal Poseidon gets takeover proposal Poseidon gets takeover proposal Poseidon gets takeover proposal

Black Mountain Metals (BMM) is proposing to acquire Poseidon for A6c per share, a premium to the company's last closing price of 3.9c.