Cardinal Resources is pleased to announce the results of the Company’s Annual General Meeting held today in Australia. At the Meeting, proxies representing 203,582,834 shares were received, representing approximately 38% of the shares eligible for voting at the Meeting as of the record date. All matters presented for approval at the Meeting by [...]
Cardinal Resources Ltd. refers to the following announcements made yesterday: Bidder’s Statement from Engineers & Planners Company Limited and the E&P Takeover Bid Shandong Gold Mining Co., Ltd whereby it increased its offer price from A$1.00 to A$1.05 per Cardinal share; and the “Best and Final Statement” announcement from Nord Gold S.E. Shandong [...]
Cardinal refers to the bidder’s statement for an unsolicited conditional off-market takeover offer for Cardinal at A$1.05 cash per share from Engineers & Planners Company Limited announced on the ASX Market Announcements Platform this morning. The bidder’s statement for the E&P Takeover Bid is stated to be conditional upon 50.1% minimum acceptance [...]
Cardinal Resources Ltd. wishes to provide its shareholders an update in relation to the various applications made to the Australian Takeovers Panel in relation to the affairs of Cardinal and to provide some additional further observations. Update on Takeovers Panel Proceedings Cardinal refers to its previous announcement of 4 November 2020 in [...]
Cardinal Resources Ltd. wishes to provide its shareholders an update in relation to the competing takeover offers set out below and in relation to the various applications before the Australian Takeovers Panel in relation to the affairs of Cardinal. Update on Takeover Offers On 19 October 2020, Shandong Gold Mining Co., Ltd declared its off-market [...]
Cardinal Resources Ltd. a Ghana gold focused exploration and development company, is pleased to present its Quarterly activities report for the period ended 30 September 2020. HIGHLIGHTS On July 7, 2020 the Company announced that it had raised AU$11,960,000 as a result of the issue of 26,000,000 fully paid ordinary shares to Shandong Gold Mining Co [...]
Cardinal Resources Ltd. advises that it has received a further 4 letters from persons who own or control 3.43% of the Company’s shares to the effect that they intend to accept the unconditional off-market takeover offer by Shandong Gold Mining Co., Ltd. by Friday, 30 October 2020 if Shandong Gold has not otherwise extended its offer period by [...]
Cardinal Resources Ltd. advises that it has received 28 letters from persons who own or control 19.38% of the Company's shares to the effect that they intend to accept the unconditional off-market takeover offer by Shandong Gold Mining Co., Ltd. by Friday, 30 October 2020 if Shandong Gold has not otherwise extended its offer period by 10:00am on [...]
Cardinal Resources Ltd. refers to the announcement by Shandong Gold Mining Co., Ltd. earlier today providing additional information to the market regarding its earlier “best and final” statement. Cardinal notes that Shandong Gold has clarified its position that Shandong Gold will not increase its Offer price unless there is a higher competing offer [...]
Cardinal Resources Ltd. advises that it has received 28 letters from persons who own or control 19.38% of the Company’s shares to the effect that they intend to accept the unconditional off-market takeover offer by Shandong Gold Mining Co., Ltd. by Friday, 30 October 2020 if Shandong Gold has not otherwise extended its offer period by 10:00am on [...]
Cardinal Resources Ltd. is providing a further update to shareholders in reference to the ongoing takeover offers for the Company by Shandong Gold Mining Co., Ltd. and Nord Gold S.E. . On 19 October Shandong Gold declared the A$1.00 cash per share offered to be Shandong Gold’s best and final offer price in the absence of a higher competing offer [...]
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 [...]
