Bullboard - Stock Discussion Forum Cardinal Resources Limited. CRDNF

Metals & Mining Industrial Metals & Minerals

Cardinal Resources Limited is an African gold-focused exploration and development company which holds interests in tenements within Ghana, West Africa. The Company is focused on the development of the Namdini project.

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GREY:CRDNF - Post Discussion

Cardinal Resources Limited. > Nordgold cries foul! Wirh28% already they can pay more.

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Post by phoenix_trader on Oct 22, 2020 8:52pm

Nordgold cries foul! Wirh28% already they can pay more.

Seems to me that MMCAP holds the 11% card, maybe others as well.

Nordgold understands that Cardinal’s financial advisers have actively represented to Cardinal shareholders that Shandong can now depart from its Last and Final Statement. On 22 October 2020, Cardinal announced that it was seeking clarification from Shandong in relation to its Last and Final Statement. Cardinal has not responded to requests from Nordgold to correct its Wednesday Statement.

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