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Orbis maintains SEMAFO opposition

ORBIS Gold has reiterated its rejection of a takeover offer by SEMAFO after the Canadian producer...

Kristie Batten

SEMAFO formally lodged a bidder’s statement yesterday for the A65c per share cash offer. The offer is subject to a minimum acceptance condition of 50.1%. SEMAFO holds just 0.002% of Orbis, having...

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