Aurum Resources

Mako Gold Lodged Target’s Statement: Accept Aurum Resources Limited’s Offers

Mako Gold Limited (ASX: MKG) (“Mako”) advises that it has lodged its Target’s Statement with ASIC today in response to the off-market takeover offer by Aurum Resources Limited (ASX: AUE) (“Aurum”) to acquire all the fully paid, ordinary shares in Mako (“Mako Shares”) and all the Class A Options and Class B Options (“Mako Options”) (together the “Offers”).


In accordance with item 14 of section 633(1) of the Corporations Act 2001 (Cth) (Corporations Act), a copy of the Target’s Statement is attached to this announcement, together with a copy of the cover letter which will be provided with the Target’s Statement.

The Target’s Statement (and cover letter) has been sent to Aurum and lodged with the Australian Securities and Investments Commission today and is in the process of being dispatched to holders of Mako Shares and Mako Options (“Mako Securityholders”) pursuant to item 12 of section 633(1) of the Corporations Act.

In accordance with section 110D of the Corporations Act, the Target’s Statement (and cover letter) will be sent to Mako Securityholders by the following means:

  • Mako Securityholders who have nominated an email address for the purposes of receiving electronic communications from Mako will receive an email with a communication providing a link to an electronic copy of the Target’s Statement; and
  • Mako Securityholders who have not nominated an email address for the purposes of receiving electronic communications from Mako, and Mako Securityholders who have validly elected to receive hard copies of shareholder communications, will be sent a hard copy of the Target’s Statement.

The Mako Board unanimously recommends that Mako Securityholders ACCEPT the Offers in the absence of a Superior Proposal. Each of the Mako Directors will ACCEPT the Offers in relation to the Mako Shares and Mako Options that they respectively hold or control.

An electronic copy of the Target’s Statement and updates in relation to the Offer will be made available on Mako’s website (www.makogold.com.au).


Target's Statement

Dispatch of Target's Statement to Securityholders


Click here for the full ASX Release

This article includes content from Aurum Resources Limited, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

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