Acacia strongly disagrees with Barrick Gold’s valuation of the company
Company says a fair-value buyout offer from the majority stakeholder would be attractive
24 June 2019 - 19:53
Toronto — Acacia Mining on Monday strongly disagreed with majority shareholder Barrick Gold’s valuation of the company, saying Barrick’s proposal undervalues its life-of-mine plans and appears to have ignored the value of its exploration and development assets.
However a fair-value buyout offer from the world’s No 2 gold miner would be attractive, it said...
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