Tag: RMS

Ramelius Resources Spectrum Metals takeover offer unconditional ASX RMS SPX mining

Ramelius Resources breaks through 50% in Spectrum Metals takeover, declares offer unconditional

Ramelius Resources (ASX: RMS) has now acquired 50.5% of takeover target Spectrum Metals (ASX: SPX) and has made the offer unconditional with accelerated payments to accepting Spectrum shareholders. ...
Ramelius Resources Spectrum Metals takeover Penny West gold mine acquisition

Ramelius Resources to scoop up Spectrum Metals in another gold acquisition, Venus litigation settled

Ramelius Resources (ASX: RMS) has made another play for a Western Australian gold project after agreeing to acquire Spectrum Metals (ASX: SPX) for cash and scrip valuing Spectrum at $0.15 per share. ...
Explaurum Ramelius shareholders accept offer ASX RMS EXU

Explaurum directors recommend shareholders ‘accept’ improved Ramelius offer in last minute reversal

Ramelius Resources’ (ASX: RMS) last ditch bid for advanced gold explorer Explaurum (ASX: EXU) appears to have paid off with Explaurum’s board officially telling shareholders to “accept the improved of...
Explaurum Ramelius Resources ASX RMS EXU takeover bid tug-of-war

Tug-of-war for Explaurum continues as Ramelius Resources lobs fresh takeover bid

In a last ditch attempt, Ramelius Resources (ASX: RMS) has upped the ante in its unsolicited off-market takeover bid for advanced gold explorer Explaurum (ASX: EXU). Ramelius lobbed a revised takeo...
Ramelius Resources ASX RMS gold Mount Magnet Stella

Ramelius Resources unveils bonanza 1,271g/t gold interval at Mount Magnet

Gold miner Ramelius Resources (ASX: RMS) has pulled up a 7m intersection grading an impressive 1,271 grams per tonne gold while drilling at its Mount Magnet gold project in Western Australia. Grade...
Explaurum Ramelius Resources takeover bid ASX EXU RMS

Explaurum’s board responds to Ramelius takeover bid with ‘take no action’

Explaurum’s (ASX: EXU) board has responded to Ramelius Resources’ (ASX: RMS) unsolicited takeover offer this morning by advising shareholders to “take no action” and saying the offer “undervalued” the...
RMS EXU Ramelius Resources Explaurum ASX gold takeover Tampia Edna May synergies

Ramelius Resources bypasses Explaurum’s board with takeover bid

Ramelius Resources (ASX: RMS) has bypassed Explaurum’s (ASX: EXU) board and lobbed a takeover bid for the gold explorer, which values it at a 66.2% premium to its last closing price. Under the prop...
Ramelius Resources ASX RMS gold profit Edna May

Edna May gold acquisition boosts year end results for Ramelius Resources

Gold miner Ramelius Resources (ASX: RMS) has capped off a productive 2018 financial year, posting record metrics and citing the acquisition of the Edna May gold mine as the main contributor to its fin...