Diatreme Resources Limited (AU:DRX) has released an update.
Diatreme Resources Limited (ASX: DRX) urges Metallica Minerals Limited’s (ASX: MLM) shareholders to accept its takeover offer, critiquing Metallica’s Target’s Statement as materially deficient and recommending the offer as an immediate and attractive value proposition. Diatreme’s Board firmly believes their offer will benefit both Metallica and Diatreme shareholders, despite Metallica’s Board’s recommendation to reject the deal.
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