Canyon Resources Says A2MP Investments' Takeover Bid Lapsed on Sept. 21
MT Newswires Live
Sep 23
Canyon Resources (ASX:CAY) said the offer period for A2MP Investments' proposed acquisition of the company closed and lapsed on Sept. 21, voiding all acceptances of the offer, according to a Wednesday filing with the Australian bourse.
A2MP Investments was looking to acquire all the Canyon shares it does not already own for AU$0.05 each through an unsolicited off-market takeover bid.
Following the lapse, "any Canyon shareholders who accepted the offer are free to deal with their Canyon shares as they see fit," the company said.
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