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Xingye Gold Urges Far East Gold Shareholders to Accept Takeover Offer
3:46pm on Friday 24th of July, 2026 AEST
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Mining
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Xingye Gold Urges Far East Gold Shareholders to Accept Takeover Offer
3:46pm on Friday 24th of July, 2026 AEST
Key Points
Unconditional offer with $0.13 to $0.15 per share payment
Bidder challenges Far East Gold’s project sale and valuation claims
Risks include lost Wonogiri licence and possible Woyla contract loss
No competing takeover bids expected
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Far East Gold (ASX:FEG)
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