Orca Gold shareholders: Approve Perseus Mining (ASX:PRU) takeover

Orca Gold shareholders Approve Perseus Mining (ASX:PRU) takeover

  • Orca Gold shareholders approve the C$215 million (A$239 million) takeover deal by Perseus Mining (PRU)
  • Earlier this year, Perseus announced its plans to buy all the outstanding common shares of Orca that it does not already own
  • Gold developer, Orca is focused on mineral proprieties in Africa
  • It owns a 70 per cent interest in the Block 14 project in northern Sudan near the Egypt border
  • PRU shares are up 1.7 per cent and trading at $1.73 per share at 2:37 pm AEST
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.
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