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Talisman Mining Ord Shs TLM


Primary Symbol: TLSMF

Talisman Mining Limited is an Australia-based mineral development and exploration company. The Company is engaged in the exploration, discovery and development of opportunities in base and precious metals. It has secured tenements in the Cobar/Mineral Hill region in Central New South Wales (NSW) through the grant of its own exploration licenses and through a joint venture agreement. Its projects include Lachlan Base Metal and Copper-Gold Project, Mabel Creek Project and Yarindury Porphyry Copper-Gold Project. Its Lachlan Project encompasses approximately 7,100 square kilometers (km2) land position in the highly prospective Lachlan Fold Belt of central New South Wales. It also has over 1040 km2 of highly prospective tenure in Mabel Creek Project, which is a prospective for iron oxide copper gold (IOCG) deposits and intrusion related rare earth and battery metals mineralization. Yarindury Project is located 30km east of Dubbo in the Macquarie Volcanic Arc of central-western NSW.


OTCPK:TLSMF - Post by User

Comment by 99999goldon Dec 15, 2014 8:51pm
193 Views
Post# 23233614

RE:Timeline

RE:Timeline
Piperdown wrote:
Is this correct how this the IIROC standards and market securities rules are:

1. If Repsol has made an official bid, doesn't it have to be announced and open for shareholders to vote on. Or can the management team and board turn it down??

2. This will be halted tomorrow before the bell to allow for Talisman to announce the official takeover bid.




pipe

from experience and from general market practice if the board and management agrees to the takeout price both companies will announce a deal has been made.

obviously if it's announce before market opens there's no need to halt unless the i's are being dotted and the t's being crossed on the press release.


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