Home > Boards > Free Zone > User's Groups > Eurasia Gold Corp. (EGX:TSX-V)

TORONTO, May 15 /CNW/ - Eurasia Gold Inc.

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
rossi Member Profile
 
Followed By 6
Posts 1,310
Boards Moderated 1
Alias Born 07/07/02
160x600 placeholder
rossi   Tuesday, 05/15/07 12:13:02 PM
Re: None
Post # of 191 
TORONTO, May 15 /CNW/ - Eurasia Gold Inc. ("Eurasia" or, the "Company") (TSX: EGX - News) announces that its Board of Directors is reviewing a proposed unsolicited all-cash takeover bid of $0.85 per Ordinary Share from Kazakhmys PLC ("Kazakhmys") for all outstanding Eurasia Ordinary Shares.

ADVERTISEMENT
Eurasia's Board of Directors is reviewing the proposed Offer in the context of the company's alternatives to maximize shareholder value. To assist in this analysis, Eurasia's Board of Directors has established an independent director's Special Committee comprised of Graham Bevan. It is anticipated that Mr. Bevan will retain independent financial and legal advisors.

"The Board will give due consideration to the Kazakhmys bid. Pending the Board's recommendation, shareholders are urged not to tender to the Offer," said Mr. Baltabek Mukashev, Eurasia's President and Chief Executive Officer.

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist