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Offer for Pine Vale

A take-over offer is in the .pipeline for Pine Vale Mines, Ltd. The potential bidder is [not Winthrop Investments, Ltd, however, which bought about 6 per cent of Pine Vale last week. Pine Vale’s parent, International Mogul Mines, Ltd. of Canada, is negotiating to sell it’s 62 per cent interest in the com-; pany. The offer price indie-; ated by the prospective j buyer was expected to be; between 26c and 28c. Pine! Vale closed on Wednesday' at 22c, on the Sydney Stock! Exchange.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19760420.2.153

Bibliographic details

Press, Volume CXVI, Issue 34132, 20 April 1976, Page 20

Word Count
88

Offer for Pine Vale Press, Volume CXVI, Issue 34132, 20 April 1976, Page 20

Offer for Pine Vale Press, Volume CXVI, Issue 34132, 20 April 1976, Page 20