Nordgold spins out off-market offer, slams Shandong

THE battle for control of Cardinal Resources, and its shovel-ready, seven million ounce Namdini gold project in Ghana continues to rumble on, with Russian miner Nordgold slamming its Chinese rival Shandong Gold for again misleading shareholders, and announcing its own off-market bid.

Nordgold spins out off-market offer, slams Shandong Nordgold spins out off-market offer, slams Shandong Nordgold spins out off-market offer, slams Shandong Nordgold spins out off-market offer, slams Shandong Nordgold spins out off-market offer, slams Shandong
Yesterday, Shandong claimed it was prepared to increase its offer by A5c to $1.05 if a higher offer emerged.

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