February 9, 2017 / 8:48 AM / 5 months ago

BRIEF-MHM Metals receives intention to make off-market takeover offer from Cadmon Ventures pty

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Feb 9 (Reuters) - MHM Metals Ltd

* Received an intention to make an off-market takeover offer for all of ordinary shares in company from Cadmon Ventures Pty

* Bidder proposes to offer MHM shareholders $0.0435 in cash for each MHM share they own, valuing equity in MHM at $5.93 million

* Offer price superior to existing off-market takeover offer from Mercantile OFM a wholly owned subsidiary of Mercantile Investment Co Source text for Eikon: Further company coverage:

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