Romarco Minerals Inc. is working with its advisor to evaluate several potential transactions for the company, including a takeout offer that Aspen Group Resources Corp. may launch. On May 15, Oklahoma City-based Aspen said it “intends to make an offer” for Romarco for C42 cents per share as soon as formal documents can be prepared. The offer would be for between 50.1% and 100% of Aspen’s shares.
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