Ramelius manages to win over Explaurum

EXPLAURUM has recommended shareholders accept Ramelius Resources’ improved takeover offer.

Ramelius manages to win over Explaurum Ramelius manages to win over Explaurum Ramelius manages to win over Explaurum Ramelius manages to win over Explaurum Ramelius manages to win over Explaurum

Ramelius MD Mark Zeptner

Ramelius last week increased its offer to one share for every four Explaurum shares held, plus A2c cash.

The implied value of the offer is 13.4c per share, representing a 57.

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