Recommended Takeover of Mako Gold Limited by Aurum Resources Limited

Oct 16, 2024

Aurum Resources Limited (ASX: AUE) has announced a recommended takeover of Mako Gold Limited (ASX: MKG), formalized through a Bid Implementation Agreement. Under the proposed deal, Aurum will acquire all outstanding shares of Mako Gold, subject to customary conditions and shareholder approval. The merger aims to consolidate their exploration assets, enhancing operational synergies and unlocking greater value for shareholders.

 Both companies’ Boards have unanimously recommended the transaction, highlighting its strategic fit and potential to strengthen their gold exploration portfolios. The combined entity is expected to leverage expanded resources and expertise, positioning itself for improved project execution and future growth.

 

 

Customer Notice:

Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com