Takeover battle underway as Westgold targets 'at crossroads' Gascoyne

WESTGOLD Resources wants to acquire Gascoyne Resources and has urged Gascoyne’s board to both ditch the deal with Firefly Resources and “respect their shareholders” by allowing them to consider Westgold’s intended offer.

Takeover battle underway as Westgold targets 'at crossroads' Gascoyne Takeover battle underway as Westgold targets 'at crossroads' Gascoyne Takeover battle underway as Westgold targets 'at crossroads' Gascoyne Takeover battle underway as Westgold targets 'at crossroads' Gascoyne Takeover battle underway as Westgold targets 'at crossroads' Gascoyne

Westgold is looking to add Dalgaranga to its portfolio of WA gold mines

Westgold's intended off-market scrip takeover offer is at a 30-35% premium to Gascoyne's recent market pricing and comprises one Westgold share for every four Gascoyne shares.

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