Cardinal Resources (ASX:CDV) directors accept Shangong Gold offer - Sequoia Direct Pty Ltd

13JanJanuary 13, 2021

Cardinal Resources (ASX:CDV) directors accept Shangong Gold offer

Cardinal Resources (ASX:CDV) says that all the Directors of Cardinal have now accepted the Shandong Gold Mining (HongKong) Co., Ltd. offer.

The Cardinal Board continues to recommend that Shareholders ACCEPT the Shandong Gold Offer (in the absence of a superior proposal).

Cardinal’s joint financial advisors are Maxit Capital LP, BMO Capital Markets, Euroz Hartleys Limited and Canaccord Genuity Corp.

Cardinal Resources (ASX:CDV) is a West African gold-focused exploration and development Company that holds interests in tenements within Ghana, West Africa.

The Company is focused on the development of the Namdini Gold Project.

Shares in Cardinal Resources (ASX:CDV) are trading flat at $1.07.

Copyright 2021 – Finance News Network

Source: Finance News Network

Related Posts

31AugAugust 31, 2020

AGL (ASX:AGL) to buy Click Energy for $115 million

31 Aug 2020 - AGL Energy (ASX:AGL) has entered into a binding agreement for the acquisition of Click Energy Group, a wholly owned subsidiary of amaysim Australia, for $115 million.

26SepSeptember 26, 2019

Marley Spoon secures funding from Woolworths

26 Sep 2019 - Meal kit provider Marley Spoon (ASX:MMM) has approved structured debt transactions with two of its existing investors, amounting to $8 million in aggregate.

27MarMarch 27, 2024

Stocks of the Hour: Galan Lithium, Argent Minerals, Osteopore

27 Mar 2024 - A snapshot of the stocks on the move, featuring Galan Lithium (ASX:GLN), Argent Minerals (ASX:ARD) and Osteopore (ASX:OSX).

24SepSeptember 24, 2020

Washington H. Soul Pattinson and Company (ASX:SOL) report dividend growth

24 Sep 2020 - Diversified investment house, Washington H. Soul Pattinson and Company (ASX:SOL) report a regular net profit after tax of $169.8 million for the year, down 45 per cent on the previous corresponding period.

15FebFebruary 15, 2020

Baby Bunting (ASX:BBN) increase dividend

14 Feb 2020 - Baby Bunting (ASX:BBN) has reported first half pro-forma sales of $186.4 million, with comparable sales up 1 per cent and total sales 8.1 per cent higher on the previous first half.

18SepSeptember 18, 2021

Stocks of the Hour: Myers, Domain, Wesfarmers & Telstra

16 Sep 2021 - A snapshot of the stocks on the move, featuring Myers (ASX:MYR), Domain Holdings (ASX:DHG), Wesfarmers (ASX:WES) & Telstra (ASX:TLS).

13JulJuly 13, 2021

Stocks of the Hour: Nearmap, Berkeley Energia & Omni Bridgeway

13 July 2021 - A snapshot of some of the news that broke today, featuring Nearmap (ASX:NEA), Berkeley Energia (ASX:BKY) & Omni Bridgeway (ASX:OBL).

15NovNovember 15, 2019

Cirrus (ASX:CNW) joins Rio Tinto’s IT Vendor Consultancy Panel

15 Nov 2019 - IT solutions provider Cirrus Networks Holdings (ASX:CNW) has entered into a new IT contract with global mining giant, Rio Tinto (ASX:RIO).

08NovNovember 8, 2019

The REA Group (ASX:REA) report a 14% drop in EBITDA for the first quarter

08 Nov 2019 - Online real estate classifieds company the REA Group (ASX:REA) reported a 14 per cent drop in earnings before interest, tax, depreciation and amortisation (EBITDA) to $114.9 million for the first quarter ending September. 30th.

07SepSeptember 7, 2023

Stocks of the Hour: Lithium Plus Minerals, Blaze Minerals, Elsight

07 Sep 2023 - A snapshot of the stocks on the move, featuring Lithium Plus Minerals (ASX:LPM), Blaze Minerals (ASX:BLZ) and Elsight (ASX:ELS).