Ramelius Resources To Acquire Breaker Resources NL Ltd Call Transcript
Thank you for standing by, and welcome to the Ramelius Resources Acquisition of Breaker Resources Conference Call. (Operator Instructions). I would now like to hand the conference over to Mr. Mark Zeptner, Managing Director, Ramelius Resources. Please go ahead.
Good morning, everyone. Thank you for taking the time to dial in this morning. Joining me, as usual, is Ramelius CFO, Tim Manners. As you will be aware, today, Ramelius Resources announced -- recommended off-market, all-script takeover offer for Breaker Resources, who are the owner of the Lake Roe Gold Project located approximately 100 kilometers east of Kalgoorlie and proximal to Ramelius' own Rebecca Gold Project indeed in one of Australia's premier gold provinces.
The offer has an implied value of $0.40 per share, comprising 1 Ramelius share for every 2.82 Breaker shares held, representing a 41% premium to Breaker's 3-day volume-weighted share price with similar premiums over the 10- and 30-day ranges. The offer does
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