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Reuters reported Panoramic Resources (ASX:PAN) has made a hostile bid of about $43 million for the shares it does not already own in Magma Metals (ASX:MMW,TSX:MMW).
Reuters reported Panoramic Resources (ASX:PAN) has made a hostile bid of about $43 million for the shares it does not already own in Magma Metals (ASX:MMW,TSX:MMW).
As quoted in the market news:
Perth-based Panoramic, which also owns and operates copper and gold projects, is eyeing Magma’s platinum-palladium-copper-nickel Thunder Bay North Project in northwest Ontario, Canada.
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