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Xanadu Mines Takeover Offer Goes Unconditional as Major Shareholders Back Bid
6:02pm on Tuesday 24th of June, 2025 AEST
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Mining
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Xanadu Mines Takeover Offer Goes Unconditional as Major Shareholders Back Bid
6:02pm on Tuesday 24th of June, 2025 AEST
Key Points
Bastion Mining’s takeover offer for Xanadu Mines declared unconditional
Offer period extended to 15 July 2025
Major shareholders Zijin and CAAF Ltd have accepted the offer
Bastion holds 55.65% voting power in Xanadu
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