THETA ANNOUNCES INTENTION TO MAKE TAKEOVER BID FOR FOCUS MINERALS LIMITED
TGM offers to acquire all shares in Focus Minerals (ASX: FML) at an attractive premium to recent share prices, valuing FML at A$0.36 per share
The combination of TGM and Focus would create a group with >12Moz gold resources in two mining friendly jurisdictions on either side of the Indian Ocean
The Offer provides an attractive alternative to the uncertain and highly dilutive development proposal put forward by Focus
