The Golden Road rejects golden fields’ ‘High opportunist’ $ 2.1 billion offer offer

Nelson by Banya and Aaditya Govindrao

(Reuters) -Australia’s Gold Road Resources rejected $ 2.1 billion purchase offer of gold deposits on Monday, because it believes that the company is impaired and “high opportunist.”

Gold deposits’ CEO Mike Freyzer Reuters said that the shareholders of the gold road would return the contract.

With its proposal, the South African Miner, Western Australia aims to combine the ownership of a low-valuable, long-lasting gold culture, which operates under a joint venture.

“The offer, no cost is no value, not the cost of mine mine,” said the golden road said.

The Golden Road said that Guyere was subjected to an alternative offer to get golden beds, but his offer was rejected by the Johannesburg-based miner.

A statement on Monday, gold deposits were disappointed in the “Golden Road Council, the main elements of the proposal.”

Freyer Reuters told Reuters that a different view of the “gold road) is a different view of the share of the share of the management” in terms of sharing “.”

“We think shareholders will like this operation,” shareholders and shareholders and shareholders are waiting for more transparent conversations around the essence of this operation. “

In both gold areas, some common shareholders showed “strong alerts” to deal with some common shareholders on the gold road, adding Fraser.

According to him, as the best shareholder of North Star resources, it was one of the main catalysts for the proposal of gold deposits.

According to his offer, gold deposits intend to vote in favor of the northern star operation.

Gold miners are exposed to a consolidation wave this year, because companies try to raise their reserves at once in the sky.

Ramelius sources agreed to take on Spartan resources for $ 2.4 billion last week. In October, gold deposits were $ 1.93 billion ($ 1.35 billion) C ($ 1,35 billion) C ($ 1.35 billion).

($ 1 = 1.5929 Australian dollars)

($ 1 = 1.4337 Canadian dollars)

(ADIC Steid Rao Nellson Banya’nın Harea, Eilenen Fenton, Dhaniwalla or Dhissan Fentond Harea’s Nellson Banya’s report.