King River Resources Ltd T.KRR.W

Primary Symbol: KRCLF

Metals & Mining Industrial Metals & Minerals

King River Resources Limited is an Australia-based exploration and mining company. The Company operates through two segments: ARC High Purity Alumina (HPA), and Exploration and Evaluation. ARC HPA Project segment develops the ARC HPA process and precursor compound to produce HPA. Exploration and Evaluation segment is engaged in exploration and evaluation activities of its gold projects in Australia. The Company’s projects include Rover East Project, Tennant Creek East Project, Barkly Project, Mt Remarkable Project and Kurundi Project. The Mt Remarkable Project is located 200km southwest of Kununurra in the East Kimberley, Western Australia and covers over 2,100 square kilometers of adjacent and/or nearby granted exploration licenses. The Tennant Creek Project is located to the East, Southeast and South of the rich historic goldfields of Tennant Creek comprising gold-copper exploration leases and applications measuring some 6,000 square kilometers.

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King River Resources Ltd > Nice try buy out?

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Comment by Rainman01on Mar 07, 2024 3:24am

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Post# 35919716

RE:RE:Nice try buy out?

The rights of shareholders are to vote on major decisions like takeovers. If KRR was to try to sell for 1 billion and it is a low ball offer as shareholders we can seek litigation in court against the board of directors so not in their best interests. This is a positive experience for shareholders free publicity and a big boost for share price in my eyes. Show us the money. Shorts should be scared could end up costing them big bucks.

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