SYDNEY, AUSTRALIA: Genesis, a mining company, wants to buy all the shares of Dacian, another mining company, that it does not own yet (about 80% of Dacian’s shares). Genesis has made a formal offer to Dacian’s shareholders, which has been approved by Dacian’s board. The offer is as follows: Dacian Independent Non-Executive Chairman, Craig McGown,…
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Dacian Gold Limited and Genesis Minerals Limited to merge
SYDNEY, AUSTRALIA: Dacian Gold Limited announced the proposed merger of Dacian and GenesisMinerals Limited by way of a unanimously recommended off-market takeover bid by Genesis for allof the fully paid ordinary shares in Dacian (Dacian Shares) (Offer). Under the Offer, subject to the satisfaction or waiver of the conditions set out in Annexure A to…