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Ramelius makes $131M bid for Breaker

RAMELIUS Resources is at it again, launching a friendly A$131 million takeover for Eastern Goldfields explorer Breaker Resources, based on an implied valuation of 40c per share, a significant premium to recent trading.

Haydn Black
Ramelius is on the hunt for more ground to mine

Ramelius is on the hunt for more ground to mine

Ramelius managing director Mark Zeptner said the offer was about giving its planned Rebecca development more flexibility, robustness and longevity with the addition of Breaker's Lake Roe project, just...

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