Ibaera has launched an off-market takeover bid to acquire Azumah Resources Limited. Ibaera and Azumah jointly own the 1 Moz reserve Wa-Lawra gold project.
Please refer to the ASX website for up to date company announcements (https://www.asx.com.au).
News of this takeover has been covered by the local and national business and investment media and links to a selection of these articles are included below.
https://www.pressreader.com/australia/the-west-australian/20190919/282003264134802
https://www.businessnews.com.au/article/Azumah-fires-back-at-Ibaera
http://www.azurecapital.com.au/news/post/ibaera-capital-lifts-bid-azumah
https://www.mining-journal.com/gold-and-silver-news/news/1374458/azumah-accepts-revised-ibaera-offer