Mining Weekly reported that Alamos Mining has extended its tender offer deadline for Aurizon shares in its latest move to compete with Hecla Mining to acquire Aurizon.
As quoted in the market report:
Aurizon in January rejected an unsolicited takeover offer from Alamos, its largest single shareholder with a more than 16% stake, for about C$780-million.
|Otis Gold Corp. (TSXV:OOO) is a near-term producer with an NI 43-101 resource 520,000 ounces of drill-indicated gold at its Kilgore Project in Idaho. Work is scheduled to begin soon at the North Target area of the Kilgore Gold Project. Connect with Otis Gold Corp and never miss a catalyst.|