Panel says no on Mintails
The Takeovers Panel declines to conduct proceedings relating to the control effects of a proposed rights issue by Mintails, which specialises in recovering gold from the mining and processing of surface resources.
The Takeovers Panel has declined to conduct proceedings relating to the control effects of a proposed rights issue by Mintails , a company specialising in the recovery of gold from the mining and processing of surface resources.
Undertakings given by Mintails made it unnecessary to rule on the application brought by a substantial shareholder turned suitor of the Australian-based miner.
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