Aurenne lobs bid for Alt

SYDNEY-based private gold miner Aurenne Group Holdings has lobbed an all-cash takeover offer for Alt Resources, hoping to add the Mt Ida and Bottle Creek projects to its existing Kalpini and Bulong South assets in Western Australia’s Eastern Goldfields.

Aurenne lobs bid for Alt Aurenne lobs bid for Alt Aurenne lobs bid for Alt Aurenne lobs bid for Alt Aurenne lobs bid for Alt

Mt Ida has become hot property.

The offer values Alt at more than A$30 million, or 5.05c per share, a premium to its previous closing price of 2.9c, and far above its 12-month peak of 3.8c.

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