$120m recommended takeover of Minotaur by Andromeda
May 5, 2022
Argonaut acted as Financial Advisor to Minotaur Exploration (MEP:ASX) on its all scrip $120 million recommended off-market takeover by joint venture partner Andromeda Metals Limited (ADN:ASX) and concurrent demerger of Minotaur’s base metals and gold assets into Demetallica for the benefit of Minotaur shareholders.
The takeover resulted in Andromeda logically consolidating 100%...