CAPITAL MARKETS

Chalice grabs Perilya's Mount Oxide

CBH Resources’ proposed all-scrip takeover bid for Perilya will not include the Mount Oxide copper project after Chalice Gold Mines signed a formal agreement to acquire Perilya’s 100% stake in Mount Oxide for around $A25 million in shares.

MiningNews.Net
Chalice grabs Perilya's Mount Oxide

In a statement today, Perth-based Perilya said the agreement followed the finalisation of due diligence between the two companies. Under the terms of the agreement, Perilya will receive 200 million shares...

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