Sierra Rutile Holdings Limited (AU:SRX) has released an update.
Sierra Rutile Holdings Limited is advising shareholders to reject an unsolicited takeover bid from PRM Services LLC, which is offering A$0.095 cash per share. The recommendation is part of Sierra Rutile’s second supplementary target’s statement in response to the bid, urging shareholders to take no action regarding PRM’s documents. Shareholders seeking advice are directed to contact Sierra Rutile for assistance.
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