From “NASDAQ”:

Perseus Mining Limited has announced its intention to make an off-market takeover offer for all of the issued shares in OreCorp Limited that it does not already own, for cash consideration of A$0.55 per OreCorp Share. The offer is valued at a 4.0% premium to the currently implied value of a takeover offer made by Silvercorp Metals Inc. The Offer will be funded from Perseus’s existing cash and bullion reserves. Perseus’s Executive Chairman & CEO said the acquisition of OreCorp’s shares aligns with their growth strategy of building an asset portfolio comprised of high-quality gold assets on the African continent. This acquisition would enable Perseus to continue to deliver on its Corporate Mission of creating material benefits for all stakeholders, including the Government and people of Tanzania.



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