SolGold 'surprised and disappointed' by bid rejection

SOLGOLD said it was “surprised and disappointed” at Cornerstone Capital Resources’ swift dismissal of its "premium" offer for investors’ 15% share of Cascabel for in exchange for shares, but intends to proceed with the offer.

SolGold 'surprised and disappointed' by bid rejection SolGold 'surprised and disappointed' by bid rejection SolGold 'surprised and disappointed' by bid rejection SolGold 'surprised and disappointed' by bid rejection SolGold 'surprised and disappointed' by bid rejection

SolGold intends to proceed with its plan to acquire the final 15% of Cascabel it doesn't own

On January 31, SolGold offered Cornerstone shareholders 0.55 SolGold shares for each Cornerstone share, which it said was a 20% premium for the shares, which had last traded at C29c.