Duluth Metals skyrockets 485% on Antofagasta takeover offer - - TopicsExpress

Duluth Metals skyrockets 485% on Antofagasta takeover offer - Shares of base metals miner Duluth Metals (TSE:DM) (TSE:DM.U) soared almost 500 percent on Monday after the company agreed to be taken out by its joint venture partner London-listed Antofagasta plc for 45 Canadian cents per share. With approximately 137 million shares outstanding, the deal is valued at about $61.6 million. The offer price is some 284 percent higher than the 20-day volume weighted average pri... ow.ly/2Q50Z5

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