Helix Resources Limited (AU:HLX) has released an update.
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Helix Resources Ltd has advised shareholders to reject Acta Investment Group’s unsolicited takeover offer, citing concerns over control without a premium, restrictive conditions, and lack of a long-term commitment. Helix’s Board remains focused on its copper-gold exploration projects and is optimistic about future discoveries. They assure shareholders that a detailed response will be provided soon, emphasizing their commitment to maximizing shareholder value.
For further insights into AU:HLX stock, check out TipRanks’ Stock Analysis page.
