CAPITAL MARKETS

Orbis rejects SEMAFO offer

ORBIS Gold's board has unanimously rejected a A65c per share takeover offer by Canada's SEMAFO, saying it significantly undervalues the company.

Kristie Batten
Orbis rejects SEMAFO offer

“The board unanimously believes the offer undervalues the company and does not factor the significant near-term growth prospects available to the company, particularly in light of the updated scoping study...

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