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Xinhe has another win in Bullseye war

BULLSEYE Mining's 14.85% shareholder, Hong Kong-based Xinhe International, has successfully convinced Australia's Takeovers Panel to again make a declaration of unacceptable circumstances in the friendly takeover offer for Bullseye from Emerald Resources.

Haydn Black
Bullseye has produced gold already

Bullseye has produced gold already

Last month, Xinhe asked the panel to get involved, alleging that Emerald's supplementary bidder's statement contained material deficiencies, and the panel has agreed.   Emerald is offering one share...

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