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24 Nov
03:41

Kedalion declares Cannon Resources takeover offer unconditional

Canada-based Kedalion Nickel, a wholly owned subsidiary of critical minerals private equity fund Kinterra Battery Metals Mining Fund, has declared its takeover offer for Australian nickel exploration firm Cannon Resources now unconditional, Kallanish notes. As of 9 am on 21 November, Kedalion had 33.24% interest in Cannon, which includes acceptances from all of Cannon’s board of directors as well as Cannon’s largest shareholder, Ponderosa Investments W…
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