Bullboard - Stock Discussion Forum Teuton Resources Corp V.TUO

Alternate Symbol(s): TEUTF

Metals & Mining Industrial Metals & Minerals

Teuton Resources Corp. is a Canada-based exploration stage company. The Company is in the business of acquiring, exploring and dealing in mineral properties in the province of British Columbia, Canada. It owns interests in more than thirty properties in the prolific Golden Triangle area of northwest British Columbia. The Company’s property portfolio includes, Treaty Creek Property, Eskay Rift... see more

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TSXV:TUO - Post Discussion

Teuton Resources Corp > newcrest board will vote unanimously in favor of the NEM bid

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Post by highper on Apr 12, 2023 1:52pm

newcrest board will vote unanimously in favor of the NEM bid

https://www.miningnewsnorth.com/story/2023/04/14/news/newmont-sweetens-newcrest-merger-offer/7889.html

With a new US$19.6 billion (A$29.4 billion) offer, Newmont Corp. is one step closer to completing a merger with Newcrest Mining Ltd.

Newcrest's board found this offer to be compelling enough to unanimously recommend that shareholders vote in favor of the revised proposal, unless another company makes a better offer.
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There is now a 4 week due diligence position before a deal can be finalized

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