Ground prospectivity recognised

摘要

Only six months since listing on the ASX, uranium explorer Hindmarsh Resources Ltd has given the green light to a takeover offer from Canadian-listed Mega Uranium Ltd. The merger offer values the South Australian explorer at nearly 20 million dollars and Hindmarsh directors have announced, in the absence of a higher offer, that shareholders accept the off-market scrip offer of 100 Mega shares for every 694 Hindmarsh shares held.