Hummingbird Resources (GB:HUM) has released an update.
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Hummingbird Resources has extended the deadline for Nioko Resources Corporation and CIG SA to either make a firm offer or announce no intention for a takeover bid. The decision allows more time for due diligence and ongoing discussions regarding a potential debt-to-equity conversion and cash offer for the company’s shares. Investors should note that while talks are progressing, there is no guarantee of a firm offer.
For further insights into GB:HUM stock, check out TipRanks’ Stock Analysis page.
