Cardinal Resources Ltd. is pleased to advise that Shandong Gold Mining has today given notice to Cardinal that the Foreign Investment Review Board approval condition of its off-market takeover offer to acquire all of the Shares in Cardinal it does not presently own at a cash price of A$0.70 per Share , has been fulfilled. Satisfaction of the FIRB [...]
Cardinal Resources Ltd. is pleased to advise that Shandong Gold Mining Co., Limited has today given notice to Cardinal that the Foreign Investment Review Board approval condition of its off-market takeover offer to acquire all of the Shares in Cardinal it does not presently own at a cash price of A$0.70 per Share, has been fulfilled. Satisfaction [...]
Cardinal Resources Ltd. refers to its announcement dated 29 July 2020 in relation to the revised and improved proposal for an off-market takeover offer from Shandong Gold Mining Co., Limited pursuant to which Shandong Gold will offer to acquire all of the shares in Cardinal it does not presently own at a cash price of A$0.70 per Share . Lodgement [...]
Cardinal Resources Ltd. a Ghana gold focused exploration and development company, is pleased to present its Quarterly activities report for the period ended 30 June 2020. HIGHLIGHTS On March 16, 2020 the Company advised that it had received notification from Nord Gold SE that it had acquired a relevant interest of 19.9% of the shares in Cardinal [...]
Cardinal Resources Ltd. a Ghana gold focused exploration and development company, is pleased to present its Quarterly activities report for the period ended 30 June 2020. HIGHLIGHTS - On March 16, 2020 the Company advised that it had received notification from Nord Gold SE that it had acquired a relevant interest of 19.9% of the shares in Cardinal [...]
Cardinal Resources Ltd. refers to its announcement dated 27 July 2020 in relation to the revised and improved proposal for an off-market takeover offer from Shandong Gold Mining Co., Limited pursuant to which Shandong Gold will offer to acquire all of the shares in Cardinal it does not presently own at a cash price of A$0.70 per Share . Amended Bid [...]
Cardinal Resources Ltd. refers to its announcement dated 22 July 2020 in relation to the revised and improved proposal for an off-market takeover offer from Shandong Gold Mining Co., Limited pursuant to which Shandong Gold will offer to acquire all of the shares in Cardinal it does not presently own at a cash price of A$0.70 per Share. Recommended [...]
Cardinal Resources Ltd. advises that it has received a revised and improved proposal for an off-market takeover offer from Shandong Gold Mining Co., Limited , pursuant to which Shandong Gold will offer to acquire all of the shares in Cardinal it does not presently own at a cash price of A$0.70 per share . The Improved Shandong Gold Offer is now [...]
Cardinal Resources Ltd. is very pleased to advise that its Namdini Mining Licence has officially received Sovereign Parliamentary Ratification in Ghana. HIGHLIGHTS - Parliamentary Ratification of the Mining License paves the way for secure and solid project development - The 63 km2 Mining Licence is granted for an initial term of 15 years and is [...]
Cardinal Resources Ltd. refers to the unconditional on-market takeover offer for Cardinal at $0.66 cash per share from Nord Gold SE announced on the ASX Market Announcements Platform this morning. Cardinal notes that it has obligations under the Bid Implementation Agreement entered into with Shandong Gold Mining Co., Limited and Shandong Gold [...]
Cardinal Resources Ltd. announces that further to the press release and the Bid Implementation Agreement dated 18 June 2020, Cardinal has now raised A$11,960,000 as a result of the issue of 26,000,000 fully paid ordinary shares to Shandong Gold Mining Co., Ltd in accordance with the terms of the Bid Implementation Agreement. Shandong Gold has [...]
Highlights 100% cash takeover offer from Shandong Gold at a price of A$0.60 per Cardinal share Attractive cash premium to Cardinal’s recent trading: Offer price represents a 75.5% premium to Cardinal’s 20-day unaffected volume weighted average price1, and a 39.3% premium to Cardinal’s 20-day volume weighted average price up to 18 June 2020 Offers a [...]
