CAPITAL MARKETS

Coalspur agrees to $15M takeover offer

CANADA-focused explorer Coalspur, which had a market capitalisation of more than $A1 billion in the boom times of 2011, has agreed to a $15 million takeover offer from the US-based Cline Group.

MiningNews.Net

Coalspur agrees to $15M takeover offer

While Coalspur’s shares traded around $1.80 in the good times, the cash offer of 2.3c per Coalspur share was a 44% premium to Tuesday’s closing price. Coalspur president and CEO Gill Winckler said...

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