Our daily board moves wrap includes Warren Hallam, Jonathan Shellabear, Tim Kestell, Douglas Jendry, Debra Bakker, Geoff Rogers, Peter Benjamin, Chris Baker, Stephen Stroud, and Stuart Bodey
Alkane Resources is set to take an $8 million stake in takeover target Explaurum via a share placement that breaches the conditions of Ramelius Resources' hostile bid.
The board of Explaurum has rejected a $59.2 million hostile takeover bid from gold miner Ramelius Resources, saying the offer is opportunistic and undervalues the target.
