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QGold Launches Unconditional $0.17 Cash Takeover Bid for Venus Metals

9:08am on Monday 24th of November, 2025 AEDT Mining
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QGold Launches Unconditional $0.17 Cash Takeover Bid for Venus Metals

9:08am on Monday 24th of November, 2025 AEDT
Key Points
  • Unconditional on-market takeover offer at $0.17 cash per VMC share
  • Offer price represents a 21-29% premium to recent volume weighted average prices
  • QGold currently holds approximately 26.4% of Venus Metals shares
  • Offer open from 24 November 2025 to 16 January 2026 with immediate acceptance possible
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