Perseus Mining snaps up Exore Resources in $60m takeover to grow Africa footprint Stuart McKinnon The West Australian Wed, 3 June 2020 9:33AM Stuart McKinnon This article is available to subscribers who have digital access included in their subscription. Exore Resources (ERX) has received an offer by Perseus Mining (PRU) to acquire all outstanding shares in the Company via a scheme of arrangement. PERTH, Western Australia, Nov. 03, 2019 (GLOBE NEWSWIRE) -- Perseus Mining Limited (“Perseus” or the “Company”) (TSX & ASX: PRU) pleased to … PERTH, Western Australia, Nov. 26, 2020 (GLOBE NEWSWIRE) -- Perseus Mining Limited (ASX/TSX: PRU) wishes to release the address to be given at today’s Annual General Meeting by its Managing Director and CEO, Mr Jeff Quartermaine attached to this announcement. MELBOURNE, Feb 29 (Reuters) - Australia's Perseus Mining (Hamburg: P4Q.HM - news) has made an all-scrip bid worth $85 million to take over London-listed Amara Mining (Other OTC: CLUGF - news) , looking to pool their West African gold resources as bullion prices defy gloom in the commodities sector. The Exore Resources Ltd (ASX: ERX) share price is going through the roof today after announcing it is set to be acquired by Perseus Mining Limited (ASX: PRU). Photo by Bloomberg Gold miner Perseus Mining has made a A$59.8-million takeover offer for ASX-listed Exore Resources. 03 Jun 2020 - Perseus Mining (ASX:PRU) will acquire junior Exore Resources in a $64 million all scrip deal. AMARA Mining would be unlikely to recommend to shareholders a higher offer for the company because its proposed merger with Australian firm, Perseus Mining, was the best outcome in the current market. The Exore Resources Ltd share price is going through the roof today after announcing it is set to be acquired by Perseus Mining Limited. Perseus Mining's Earnings Growth And 11% ROE To begin with, Perseus Mining seems to have a respectable ROE. “We want the Heap Leach Area to enable us set up our own mines”, Kwaku Moses, 50 year gold dealer, who also doubles as a … Perseus Mining announced Tuesday that they are acquiring Exore Resources, a Cote d'Ivoire based gold explorer with a 500,000-ounce gold resource. These stocks are coal producer ... and gold producers Resolute Mining Limited and Perseus Mining Limited . And in our experience, buying the right stocks can give your wealth a significant boost. ASX listed Perseus Mining is the latest to launch a takeover in what is becoming a white hot gold sector. Invalid password: this word has been flagged as I think this is a good match, and I'm not surprised to see both companies team up. Perseus Mining Limited () (OTCMKTS:PMNXF) is acquiring Exore Resources Ltd (OTCMKTS:NLIOF) which will result in Perseus gaining a gold project near its Sissingué Gold Mine in Côte d’Ivoire. On the flipside, the worst performers were G8 Education ( … Acquisitive Endeavour Mining has followed up its recent $691M takeover of SEMAFO with a friendly bid for Teranga Gold NTM GOLD TAKEOVER PLAN TO DRIVE DACIAN REGIONAL CONSOLIDATION STRATEGY West Australian gold miner Dacian Gold aims to extend the life of its Mt Morgans gold operations through the regional consolidation move to merge with explorer NTM Gold. The broker has picked the five most likely takeover targets. THE market has decided that Lihir Gold has Perseus Mining in its takeover sights as part of Lihir's plan to produce 1 million ounces a year from multiple mines in west Africa. Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the market average. Gold: Musgrave reignites Murchison hunt with 112.9g/t intercept, Exore recommends Perseus takeover www.msn.com - June 2 at 11:44 PM Perseus Mining Delivers Exploration Success at Edikan Gold Mine Gold miners were also up strongly, including Perseus Mining (+4pc), Silver Lake Resources (+2.9pc) and Ramelius Resources (+2.3pc). Perseus Mining isn't enormous, but it's not particularly small either. View today’s PRU share price, options, bonds, hybrids and warrants. Perseus Mining has managed to maintain a business as usual approach to the COVID-19 pandemic, albeit with June 2020 year (FY20) gold production at its 2 mines, Edikan in Ghana and Sissingué in Côte d’Ivoire, falling 5% on the previous year to 257,639oz For example, the Perseus Mining Limited share price is up 99% in the last 5 years, clearly besting the market return of around 18% (ignoring dividends). Gold miner Perseus Mining has made a A$59.8-million takeover offer for ASX-listed Exore Resources. The options are left over from Perseus Mining's takeover of UK-listed company Amara in April 2016. Though the ‘Area’ belongs to Perseus Mining, the illegal miners, always armed to defend their turf says we are no prepared for any dialogue. West African focused gold producer which is operating 2 mines currently and will be brought on a third coming online soon, since the acquisition of Exore's asset in Cote D'Ivoire. It comes after Regis last month told the market that it had received a $556m takeover proposal from Washington H. Soul Pattinson in a scheme of arrangement structure that it later rejected. One of the guys in my coverage universe fits the bill quite well: Perseus Mining, which is totally cashed up and on track to launch production at the rate of about 220 (Koz.) Interview with Jeff Quartermaine, MD & CEO of Perseus Mining Ltd. (ASX:PRU). Perseus Mining and Amara Mining have entered into an agreement, whereby Perseus will acquire all of Amara's shares. Perseus Mining Ltd., an Australian gold company building a mine in Ghana, plans to make acquisitions in West Africa from next year. View announcements, advanced pricing charts, trading status, fundamentals, dividend information, peer analysis and key company information. 13 Nov 2020 - A subsidiary of digital lottery retailer, Jumbo Interactive (ASX:JIN) has today signed an agreement with Lotterywest to provide its online That implies a price of $10.5c per Exore share; a 69 per cent premium to the stock’s closing price of 6 Perseus Mining set to deliver material organic growth at each of its three West African operations Google and Facebook to face new regulatory agency in the UK from next year The Dow Jones hits the magic 30,000, as more stimulus looms and easing continues “If there was to be a takeover of the company it would $1.45 billion gold miner Perseus Mining (ASX:PRU) will acquire Exore Resources (ASX:ERX) in an all-share deal that values the West African explorer at $59.8m. Even when compared to the industry average of … As part of the deal, Perseus issued 143 million exercisable at … It has a market capitalization of AU$1.8b, which means it would generally expect to see some institutions on the share registry. This announcement was approved for release by the Managing Director & CEO, Jeff Quartermaine.For further information, … The offer is one PRU share for every 12.79 ERX shares, which represents a 69% premium to ERX’s last closing price of $0.062/sh and values the Company’s equity at $64m or $0.105/sh. Previously writing on Amara Mining, it was noting a takeover by Perseus Mining (ASX /TSX – PRU) back in 2016 with the ASX Perseus closing share price A$0.415 and a conclusion that, though those not prepared to hold shares in a foreign-listed company may want to consider selling into the share price rise, it looked worth continuing to hold. Company information a market capitalization of AU $ 1.8b, which means it would generally expect to see both team! 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