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Alexandria Minerals Corp is a Canadian based gold exploration and development company. Its project consists of Orenada, Akasaba, Sleepy, Manitoba and Ontario properties together with the Other Quebec properties. It is mainly focused on exploring the cadillac break property which is located in Val-d'Or, Quebec. The cadillac break property consists of approximately 21 contiguous projects of over... see more

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Alexandria Minerals Corp > AEM OUT OF THE BID

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Post by MGRVSAZX on Jul 16, 2019 7:51am

AEM OUT OF THE BID

Lucky now if end up with 5 cent!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Same story again 12 yrs after MGR when AZX bought them

Now i give up

Bebye

GLTA

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Comment by easycoder on Jul 16, 2019 8:13am

Well on the plus side, we'll end up with something - better than nothing. Also more on the plus side there's time for AEM to bid more. It's obvious AEM are only going to be judged 'superior' by the board if a new offer is strong enough so that there can be no doubt as to its relative merit.

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Comment by MGRVSAZX on Jul 16, 2019 8:18am

How could you think they could come back with a better offer with that being said : The Company confirms that the binding acquisition proposal that the Company received from Agnico Eagle that was announced by the Company in its June 13, 2019 press release (the “Agnico Eagle Offer”) has expired on its terms without being accepted. In addition, Agnico Eagle has now formally withdrawn ...more

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Comment by easycoder on Jul 16, 2019 8:39am

Well I am no lawyer but the way I read that they (AEM) have withdrawn the previous offer. Doesn't mean they can't put in a new one. OR maybe they'll just buy out Osisko later on.

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