掀开奶罩边躁狠狠躁苏玥视频,无码专区3d动漫精品,去阳台跪着把屁股抬起来,精品国产丝袜黑色高跟鞋


Bonterra rejects takeover offer, plans financing

  • Friday, November 13, 2020
  • Source:ferro-alloys.com

  • Keywords:Bonterra
[Fellow]Bonterra rejects takeover offer, plans financing

[ferro-alloys.com]Bonterra Resources (TSXV: BTR) says it recently received an “opportunistic” non-binding letter of intent from a third party regarding an all-share acquisition of the company. This unsolicited approach, which has since expired, would value the Canadian miner at approximately C$1.60 per share.

Following review, the Bonterra board determined that the offer “significantly undervalued the company and its long-term prospects.”

Bonterra also said this offer would have required that the company to effectively cease its financing activities, which are necessary to fund its operations for the rest of the year.

Bonterra said intends to pursue a financing of up to C$10 million to fund its drilling programs at the Moroy, Gladiator and Barry projects in Quebec. This will support a resource estimate update and preliminary economic assessment (PEA), expected to be completed in the fall of 2021.

Along with 124,000 m drilled since the 2019 resource estimates on the three projects as well as the bulk sample at Moroy, the company expects the PEA will help demonstrate the value of these assets.

Shares of Bonterra Resources closed 30% higher on Wednesday at C$1.29 a share, giving it a market capitalization of C$97.6 million.

(Mining.com)

  • [Editor:王可]

Tell Us What You Think

please login!   login   register
Please be logged in to comment!
主站蜘蛛池模板: 乐昌市| 临汾市| 铁岭县| 樟树市| 于田县| 兴安县| 宣威市| 呼图壁县| 林口县| 寿光市| 英山县| 德庆县| 宿松县| 栾川县| 新郑市| 南安市| 南昌县| 云霄县| 慈溪市| 清丰县| 兖州市| 茌平县| 明光市| 延寿县| 怀来县| 新竹县| 金湖县| 永济市| 囊谦县| 雅江县| 禹州市| 富川| 贵定县| 溆浦县| 涟水县| 扶风县| 报价| 禄丰县| 方城县| 唐海县| 砚山县|