Cardinal Energy is pleased to announce that the Toronto Stock Exchange has accepted the notice of Cardinal's intention to commence a normal course issuer bid. The NCIB allows the Company to purchase up to 12,319,686 common shares over a period of twelve months commencing on June 30, 2022. The NCIB will expire no later than June 29, 2023. Under the [...]
Cardinal Resources Ltd. wishes to advise that the board of directors of Cardinal has today been restructured, following the successful conclusion of the takeover bid by Shandong Gold Mining Co., Limited at 95% of Cardinal's share capital. The following Shandong Gold nominees have been today appointed to the board: Mr Qiang Du; Mr Canwu Zheng; Ms [...]
Cardinal Resources Ltd. wishes to announce that the Toronto Stock Exchange has confirmed that effective from close of business on Monday 1 February 2021, the ordinary shares of the Company will be delisted from the TSX at Cardinal's request. Cardinal Resources is a West African gold‐focused exploration and development Company that holds interests [...]
Cardinal Resources Ltd. is pleased to advise that all the Directors of Cardinal have now accepted the Shandong Gold Mining Co., Ltd. offer. The Cardinal Board continues to recommend that Shareholders ACCEPT the Shandong Gold Offer. Attached are the Change in Directors Interest notices for Malik Easah and Trevor Shultz. Notices for Kevin Tomlinson [...]
Cardinal Resources Ltd. notes: the announcement made today by Shandong Gold Mining Co., Ltd. that Shandong Gold has increased its aggregate acceptances in respect of its unconditional off-market takeover offer for Cardinal in excess of 68% of all Cardinal Shares; the ASX Release by Engineers & Planners Company Limited released on the ASX on 31 [...]
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 press release made this morning by Dongshan Investments Limited which states that Dongshan intends to make an off-market takeover offer of A$1.20 per share to acquire all of the issued capital of Cardinal, subject to a number of conditions set out below. It is important to note that, other than the Dongshan [...]
Dongshan Investments Limited has today announced its intention to make an off-market takeover offer of A$1.20 per share to acquire all of the ordinary shares in Cardinal Resources Ltd. ACN 147 325 620. Highlights Intention to make an all-cash takeover offer of A$1.20. Offer represents a 15% premium to the 3 month Volume Weighted Average Price of [...]
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. advises that 16,000,000 unlisted options exercisable at $0.50 per share have been exercised in the Company to raise AU$8.0 million. Attached to this release is the Company’s Appendix 2A – Application for Quotation of Securities and the Appendix 3Y ‐ Change of Director’s Interest Notice for each of the relevant Directors [...]
