Titan ups Core offer

THE interminable takeover bid by Australia’s Titan Minerals for Canada’s Core Gold looks to be gaining traction, with the junior upping its all-scrip offer by 24% and locking in more shareholders’ acceptances.

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Titan wants Core's Dynasty project.

The bid is now for 3.1 Titan shares for every one Core share, described as 227% above Core's price immediately prior to the announcement of Titan's latest bid.