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Asian Mineral Resources says no to Norilsk Nickel's $22 million offer

Michael Allan McCrae | May 23, 2012 | 10:10 pm Base Metals Precious Metals Asia Europe Copper Gold Nickel 

Asian Mineral Resources' board is recommending that shareholders turn down Norilsk Nickel's $22.3 million offer or 11 cents a share. Asian Mineral Resources, which is up sharply to 80 cents a share after Norilsk made the offer overnight, is calling...

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