Cardinal Resources notes the announcement made today by Shandong Gold Mining that Shandong Gold has received aggregate acceptances in respect of its unconditional off-market takeover offer for Cardinal in excess of 50% of all Cardinal Shares. Shandong Gold has accordingly acquired a controlling shareholding in Cardinal. Shandong Gold has also now [...]
Cardinal Resources Ltd. notes the announcement this morning made by Nord Gold S.E. which states that Nordgold will not be dispatching the bidder’s statement for its off-market takeover bid to Cardinal Shareholders. Cardinal cannot reconcile the position taken by Nordgold with the relevant law, given that Nordgold has: made numerous statements and [...]
Cardinal Resources Ltd. provides the following updates in respect of the ongoing takeover offers for the Company including the unconditional off-market takeover bid for Cardinal made by Nord Gold S.E. as well as Nordgold’s unconditional on-market takeover bid and the unconditional off-market takeover offer by Shandong Gold Mining Co. Nordgold [...]
Cardinal Resources Ltd. refers to the fifth supplementary bidder’s statement from Nord Gold SE announced on the ASX Market Announcements Platform this morning in respect of its unconditional on‐market takeover bid for Cardinal. Cardinal notes that Nordgold has increased the Offer Price in respect of its on‐market takeover bid from A$1.00 to A$1.05 [...]
Cardinal Resources Ltd. refers to the third supplementary bidder’s statement from Nord Gold SE announced on the ASX Market Announcements Platform this morning in respect of its unconditional on-market takeover bid for Cardinal. Cardinal notes that Nordgold has made a higher competing offer by increasing the Offer Price of the Nordgold Takeover Bid [...]
Cardinal Resources Ltd. refers to the first supplementary bidder's statement from Nord Gold SE announced on the ASX Market Announcements Platform this morning in respect of its unconditional on-market takeover bid for Cardinal. Cardinal notes that Nordgold have increased the Offer Price in respect of their takeover bid from A$0.66 to A$0.90 cash [...]
Further to its March 15, 2020 press release, Nord Gold SE is pleased to announce that it has completed its acquisition of 81,038,233 ordinary shares of Cardinal Resources Ltd. from Corporate International Holdings BV , a subsidiary of Gold Fields, for AUD$0.45775 ? ?per Acquired Share , for aggregate ?cash consideration of AUD$37,095,251.15 ??. The [...]
Acquisition at average price of A$0.43798 per share, including 16.4% acquired from Gold Fields at A$0.45775 per share; Non-Binding Preliminary Proposal to acquire Cardinal Resources. Nord Gold SE , is pleased to announce that it has acquired a relevant interest in 98,443,593 shares in Cardinal Resources Ltd. , giving it voting power of [...]
Nord Gold SE announced today that, on January 16, 2019, pursuant to a non-brokered private placement by Columbus Gold Corp. raising aggregate gross proceeds of C$1,957,355.60, Nordgold purchased 4,606,778 units at a price of C$0.20 per unit for total consideration of C$921,355.60. Each unit was comprised of one common share and a half warrant [...]
Northquest and Nord Gold are pleased to announce the successful completion of the previously announced statutory plan of arrangement under the Business Corporations Act (Ontario), whereby Nordgold acquired all of the outstanding common shares of the Company that it did not already own. The Arrangement became effective on October 14. Under the terms [...]
Northquest is pleased to announce that the Ontario Superior Court of Justice has granted its final order approving the previously announced statutory plan of arrangement under the Business Corporations Act (Ontario), whereby Nord Gold will acquire all of the outstanding common shares of the Company that it did not already own. At a special meeting [...]
LONDON, UNITED KINGDOM--(Marketwired - Jun 30, 2016) - Nord Gold SE ("Nordgold" or the "Offeror") (LSE:NORD) (formerly Nord Gold N.V.), the internationally diversified low-cost gold producer, announces that its offer to purchase all of the common shares ("Northquest Shares") of Northquest Ltd. ("Northquest") it does not already own (as amended, the [...]
