Core Gold DMMIF

RE:Hmmmmm ... Titan Minerals Halted in Australia

[1kgcoffee]

The bid was good until January 14th 2019.

So possibilities:

-They are withdrawing it
-Officially entering the strategic review if it's not too late.
-Ammending it - meaningless as Titan has no value
-The possibility I fear - They've secured some shares, perhaps a majority stake by certain board members tendering to their offer. A backdoor takeover, with possible unethical behaviour on the part of said board member. Pure speculation on my part.

Once again, thankyou for your analysis and insight, Tad. I am hoping we're done with Titan for good.

Tad wrote:

Could be an interesting development this week ..... maybe we get a news release
by Core Gold in  the next day or two (prior to November 21 ) ... who knows ...???  




ASX ANNOUNCEMENT

18 November 2019
Australian Securities Exchange Limited
Level 40, Central Park
152 – 158 St Georges Terrace
PERTH WA 6000

By email: [e-mail]

REQUEST FOR TRADING HALT


Pursuant to ASX Listing Rule 17.1 Titan Minerals Limited (“Titan” or “the Company”) requests an immediate trading halt over the Company’s securities pending the release of an announcement (“Announcement”) in relation to the Company’s takeover bid for Core Gold Inc.

The trading halt is requested until the commencement of trading on Thursday, 21 November 2019, or Titan releasing the Announcement, whichever occurs earlier.

The Directors of Titan are not aware of any reasons why a trading halt should not be granted.


Yours sincerely,


Zane Lewis
Company Secretary
Titan Minerals Limited