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Nordgold submits off-market bid for Cardinal in takeover war

Cecilia Jamasmie | October 28, 2020 | 7:39 am News Africa Australia Gold 

A battle between Nordgold (LON: NORD) and China’s Shandong Gold over Cardinal Resources (ASX: CDV) rumbles on as the Russian miner announced on Wednesday it would supplement its A$1-per-share bid with an off-market offer of equal value. Nordgold, which first approached Cardinal...

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