Browsing Tag
Xingye Gold
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Tartana Minerals (ASX: TAT) secures A$5.18m Xingye investment at 165% premium as board vote looms
Xingye will invest at more than double Tartana Minerals’ recent market value, but regulatory conditions, substantial dilution and an unresolved board contest make this more than a straightforward exploration funding deal.
Far East Gold (ASX: FEG) shares move above Xingye’s A$0.15 bid as takeover deadline approaches
Far East Gold’s independent expert has again rejected Xingye Gold’s takeover offer, but the wide gap between the expert valuation and the market price leaves shareholders weighing immediate cash certainty against an unproven development upside.