Genesis Minerals makes a $328 million bid for Dacian Gold, a rival mining company
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,…