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20/02/2007 - 22:00

Carrick Gold makes offer for Shannon

20/02/2007 - 22:00

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CARRICK Gold Ltd has made a $23 million cash-and-scrip takeover offer for fellow gold explorer Shannon Resources Ltd. The offer will deliver a big gain for Frank Carr who chairs both companies and is Shannon’s biggest shareholder with a 38 per cent stake.

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