Genesis Minerals Enhances Takeover Offer for Dacian Gold Shares

Genesis Minerals Limited (ASX:GMD) has increased its off-market takeover offer for Dacian Gold Limited (ASX:DCN) shares. Genesis now holds a 95.1% stake in Dacian, offering an improved consideration of 0.1935 Genesis Shares for each Dacian Share, valuing it at $0.283 per share based on Genesis' closing price. This adjustment follows Genesis' declaration that the offer was the "best and final" one.

Dacian shareholders who haven't accepted the offer should do so before the November 17, 2023 deadline. The independent expert appointed by Dacian, BDO Corporate Finance, has deemed the offer fair and reasonable for Dacian shareholders. To accept the offer, shareholders can use the provided Acceptance Form or visit www.genesisoffer.com.au for instructions. For inquiries, a helpline is available during business hours.

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