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Poseidon gets takeover proposal

POSEIDON Nickel has received a binding takeover proposal from a Texan private equity firm.

Kristie Batten
Poseidon gets takeover proposal

Black Mountain Metals (BMM) is proposing to acquire Poseidon for A6c per share, a premium to the company's last closing price of 3.9c. The proposal includes an immediate $2 million loan to Poseidon...

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