M AND A - LionGold moves on Acadian Mining

LionGold Corp, Singapore’s first Main Board-listed gold company, has entered into an agreement to acquire all of the outstanding shares of TSX Venture Exchange-listed Acadian Mining Corporation. The takeover offer corresponds with a transaction value of up to Sin$9.1 million (Can$ 7.4 million), assuming full acceptance from outstanding shareholders and conversion of outstanding convertible notes.

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M AND A - Minotaur makes bid for Breakaway

After completing its acquisition from Breakaway Resources and its wholly-owned subsidiary Scotia Nickel of the Scotia tenements in Western Australia, Minotaur Exploration has made a takeover offer for Breakaway.

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M AND A - Takeover bid for Inova Resources

Shanxi Donghui Coal Coking & Chemicals Group Co has announced its intention to make an off-market takeover bid to acquire all of the ordinary shares in Inova Resources, formerly known as Ivanhoe Australia.

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M AND A - Toro buys Lake Maitland project

Toro Energy is purchasing the Lake Maitland Uranium Project in Western Australia from Canadian-based Mega Uranium in an Aus$36.9 million all scrip deal. The acquisition will see Toro power up its strategy to emerge as one of the world’s top middle-tier uranium suppliers.

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