Sandfire submits $81mln offer for copper junior MOD

January 22, 2019 / www.metalbulletin.com / Article Link

Copper-gold miner Sandfire Resources has submitted an offer of $80.8 million for fellow copper explorer MOD Resources, both companies announced on Monday January 21.

Sandfire has made an offer of A$0.38 per share ($0.27) for MOD, a premium over the current valuation of A$0.22 per share, the two parties said in separate notices published by...

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