No thanks, St Barbara tells Silver Lake

SIMBERI gold mine owner St Barbara says it will not engage further with Australian miner Silver Lake Resources over its non-binding proposal to acquire the Leonora assets in Western Australia.

No thanks, St Barbara tells Silver Lake No thanks, St Barbara tells Silver Lake No thanks, St Barbara tells Silver Lake No thanks, St Barbara tells Silver Lake No thanks, St Barbara tells Silver Lake

Kerry Gleeson

Last week, Silver Lake submitted an improved proposal comprising A$370 million cash and 327.1 million shares, worth $338 million at the closing price on May 22.