Helix Resources Limited (AU:HLX) has released an update.
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Helix Resources Ltd, an ASX-listed company focused on copper and gold exploration in NSW, is currently negotiating an all-cash takeover offer with Acta Investment Group. The offer aims to purchase 25% of Helix’s shares not already controlled by Acta at $0.005 per share, under conditions considered onerous by Helix’s Board. Shareholders are advised to take no action at this time as the Board engages external advisors to secure the best outcome and continues discussions with Acta.
For further insights into AU:HLX stock, check out TipRanks’ Stock Analysis page.
