Tietto Minerals Ltd (ASX:TIE)’s Post

We wish to advise shareholders to 𝗧𝗔𝗞𝗘 𝗡𝗢 𝗔𝗖𝗧𝗜𝗢𝗡 when you shortly receive a Bidder’s Statement and personalised acceptance form from Zhaojin in relation to the unsolicited, conditional, off-market takeover offer announced last week. The offer will be open for at least one month (unless withdrawn, which can only occur in limited circumstances). Currently, there is no action required on your part regarding the Unsolicited Offer. The Directors of Tietto continue to unanimously recommend that you 𝗱𝗼 𝗻𝗼𝘁 accept the Unsolicited Offer as it undervalues the company and is timed opportunistically. We urge you take no action at this time in respect of the Bidder’s Statement and other documents that will shortly be sent to you by Zhaojin. We will release a Target's Statement with detailed reasons for the recommendation in late November 2023 and we plan to continue gold production updates until the end of 2023. Shareholders are encouraged to await the Target's Statement before making any decisions. Read the full ASX Announcement here: https://lnkd.in/gX4H9NYP #TIE #Tietto #Gold #Abujar #ASX #ASXNews #Miningnews