Jul. 31 at 9:50 PM
$LONCF Disseminated on behalf of Loncor Gold Inc (TSX: LN) (OTCQX:LONCF) (FSE:LO5) forms special committee to review unsolicited, non-binding offer. Advancing the Imbo project in DRC, near Barrick’s Kibali mine. Trading at
$0.62, 48% below peers (
$43/oz vs
$83/oz). Key shareholders: Resolute Mining (19.9%), A. Kondrat (18.8%).
Read the full report: https://www.researchfrc.com/content/reports/post/308/unsolicited-bid-sparks-increased-market-attention