March
Perseus prevails in $270m bidding war over Tanzanian gold project
After seven months, the board of OreCorp has flipped its support and recommended shareholders back the takeover over a bid from Canada’s Silvercorp Metals.
- Updated
- Peter Ker
Perseus boss says gloves are off in $270m gold takeover battle
The gold miner has won over the board and major shareholders of OreCorp with a sweetened takeover offer.
- Brad Thompson
Perseus raises stakes in $258m OreCorp gold bidding war
The battle for OreCorp just got punchier, with bidder Perseus refusing to sell into a rival offer and querying what was promised to the Tanzanian government.
- Peter Ker
Tanzanian government looms large over OreCorp takeover stalemate
OreCorp’s backers are seven months out from Silvercorp’s opening shot and nowhere near seeing a payday from either party.
- Sarah Thompson, Kanika Sood and Emma Rapaport
January
Perseus stokes $258m gold bidding war
A bidding war has erupted around African gold explorer OreCorp and directors appear to be favouring the lower priced bid.
- Peter Ker
November 2023
AustralianSuper-backed Federation Mining sells out of OreCorp
Listed gold developer OreCorp’s backer, Federation Mining, has checked out of the register amid a scheme bid that is struggling to woo investors.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Euroz corrals OreCorp sellers, Perseus buys 15pc stake
Of note, Perseus’ strategy is to be diversified across various African nations to mitigate against sovereign risk.
- Sarah Thompson, Kanika Sood and Emma Rapaport
June 2021
OreCorp taps Canaccord, Euroz Hartleys for $56m placement
Gold and precious metals explorer OreCorp is on the hunt for a cash injection to fund a feasibility study at its African gold project.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
March 2017
Euroz books fundies for OreCorp
ASX-listed resources explorer OreCorp is seeking to raise $22.36 million in a placement of new shares.
- Updated
- Edited by Sarah Thompson, Anthony Macdonald and Joyce Moullakis
