SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : ARP - V Argentina Gold -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Oil who wrote (2316)1/29/1999 8:33:00 AM
From: Link Lady  Read Replies (2) | Respond to of 3282
 
newswire.ca

Barrick extends offer for Argentina Gold

TORONTO, Jan. 29 /CNW/ - Barrick Gold Corporation announced today that it
is extending its offer to acquire all of the outstanding shares of Argentina
Gold Corp. for Cdn$5.00 cash per share to 12:01 a.m. (local time) on Tuesday,
February 9, 1999.
Barrick's shares are traded under the ticker symbol ABX On the Toronto,
Montreal, New York, London and Swiss Stock Exchanges and the Paris Bourse.




To: Mr. Oil who wrote (2316)1/29/1999 8:39:00 AM
From: Link Lady  Read Replies (2) | Respond to of 3282
 
According to this post it was final offer.
Excuse my ignorance here, but doesn't the fact
that the offer has been extended leave the door open to future offers?

archives.theglobeandmail.com;
$5.65, up 15 cents
Recent drill results from the Veladero project in Argentina have pushed the stock price well
past the $5-a-share being offered by suitor Barrick Gold.Argentina Gold continues to hit
some sweet spots in what is basically a low-grade discovery, but the drill results indicate
the gold-bearing area could be significantly enlarged. The company believes the high-grade
zones it has been hitting lately could also enhance the economics of producing gold at the
site. A Barrick official has described the company's bid as a "full and final offer."