Original article by Brad Thompson
The Australian Financial Review – Page: 15 : 5-Apr-23

Mincor Resources’ directors have recommended that shareholders accept the $1.40-per-share takeover offer from Wyloo Metals in the absence of a rival bid. The Andrew Forrest-backed Wyloo has increased its stake in nickel producer Mincor to 23.2 per cent, enabling it to prevent any rival bidder to move to the compulsory acquisition stage. There had been speculation that Wyloo’s takeover proposal could trigger rival bids for Mincor, whose board has indicated that it has held talks with third parties regarding potential interest in a bid. However, the board says that no alternative proposal is under consideration.

CORPORATES
MINCOR RESOURCES NL – ASX MCR, WYLOO METALS PTY LTD