The Conversation (0)
Cream Minerals Ltd. (CVE:CMA) reports that it has mailed its directors’ circular to its shareholders in response to the offer from Endeavour Silver Corp. .(AMEX:EXK) to purchase all of the issued and outstanding shares of Cream for $0.12 per Cream share. The press release is quoted as saying: The Directors’ Circular contains no recommendation of the Cream board of directors […]
The press release is quoted as saying:
The Directors’ Circular contains no recommendation of the Cream board of directors (the “Board“) as to whether Cream shareholders should accept or reject the Endeavour offer, but asks Cream’s shareholders to defer making a decision until there is further communication from the Board in a supplemental directors’ circular, which will be sent to shareholders at least seven days before the scheduled expiry date of the Endeavour offer.
Click here to access the entire press release.