18/03/2013 - 14:36

Sage's Cauldron bids for Energia

18/03/2013 - 14:36

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The Tony Sage-chaired Cauldron Energy has made an off-market, all-scrip takeover bid for uranium explorer Energy Minerals, valuing the target at just under $6 million. Cauldron announced today it would offer one of its shares for every eight Energia shares, equating to a 3.4 cents per share value.

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