tiprankstipranks
Aurum Resources Moves Forward with Mako Gold Takeover
Company Announcements

Aurum Resources Moves Forward with Mako Gold Takeover

Mako Gold Limited (AU:MKG) has released an update.

Don't Miss Our Christmas Offers:

Aurum Resources Limited has announced a supplementary bidder’s statement in connection with its takeover bid for Mako Gold Limited. This follows Mako’s disclosure of deferred payment obligations to Perseus Mining, contingent on control change milestones. Aurum’s offer is set to become unconditional upon securing over 50% of Mako’s shares, triggering a change of control.

For further insights into AU:MKG stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App