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Allion acts for Ramelius Resources (ASX:RMS) in an unsolicited takeover bid

10 September 2018


The bid is to gain control of Explaurum’s neighbouring Tampia gold project near Narembeen in the WA wheatbelt. The deal valued Brisbane-based Explaurum at $59M and would boost Ramelius’ gold reserves by 82 per cent to more than 1 million ounces.  Phil Lucas is leading the Allion team on this acquisition.

 

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