Pala Seeks Takeover of Melior Resources

Pala Investments, a Swiss private equity firm focused on investments in the global mining sector, has extended an offer to Melior Resources Inc to acquire all outstanding common shares of the publicly-listed company. Pala has also increased its existing stake in the Toronto-based Melior to approximately 54.5 percent. Pala has made numerous investments in Canadian mining businesses in recent years.

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