http://www.streetinsider.com Latest StreetInsider.com News Articles en-us Copyright 2025, StreetInsider.com rss@streetinsider.com (SI RSS) rss@streetinsider.com (SI RSS) Thu, 31 Jul 2025 07:00:00 -0400 http://blogs.law.harvard.edu/tech/rss http://www.streetinsider.com/images/rss_logo.gif http://www.streetinsider.com 143 28 0 1 2 3 21 22 23 Saturday Sunday http://www.streetinsider.com/Press+Releases/Voluntary+TSX+delisting+application/25125465.html <p align="justify">TORONTO, July 31, 2025 (GLOBE NEWSWIRE) -- Xanadu Mines Ltd <strong>(ASX:XAM, TSX:XAM) </strong>ACN 114 249 026 (<strong>Xanadu</strong> or the <strong>Company</strong>) refers to its previous announcement released on 29 July 2025 (<strong>Announcement</strong>) regarding the Compulsory Acquisition Notice provided by Bastion Mining Pte. Ltd. UEN 202512367N (<strong>Bastion</strong>) on 25 July 2025, pursuant to which Bastion will exercise its right to compulsorily acquire the remaining Xanadu Shares under the <em>Corporations Act 2001</em> (Cth) (<strong>Compulsory Acquisition</strong>).</p> <p align="justify">Further to the Announcement, Xanadu provides the following update in relation to its listing on the Toronto Stock Exchange (<strong>TSX</strong>).</p> <p align="justify">As http://www.streetinsider.com/Press+Releases/Voluntary+TSX+delisting+application/25125465.html Thu, 31 Jul 2025 07:00:00 -0400 O.10854084 XAM XAM http://www.streetinsider.com/Press+Releases/Voluntary+TSX+delisting+application/25125465.html <p align="justify">TORONTO, July 31, 2025 (GLOBE NEWSWIRE) -- Xanadu Mines Ltd <strong>(ASX:XAM, TSX:XAM) </strong>ACN 114 249 026 (<strong>Xanadu</strong> or the <strong>Company</strong>) refers to its previous announcement released on 29 July 2025 (<strong>Announcement</strong>) regarding the Compulsory Acquisition Notice provided by Bastion Mining Pte. Ltd. UEN 202512367N (<strong>Bastion</strong>) on 25 July 2025, pursuant to which Bastion will exercise its right to compulsorily acquire the remaining Xanadu Shares under the <em>Corporations Act 2001</em> (Cth) (<strong>Compulsory Acquisition</strong>).</p> <p align="justify">Further to the Announcement, Xanadu provides the following update in relation to its listing on the Toronto Stock Exchange (<strong>TSX</strong>).</p> <p align="justify">As http://www.streetinsider.com/Press+Releases/Voluntary+TSX+delisting+application/25125465.html Thu, 31 Jul 2025 07:00:00 -0400 O.10854084 XAM XAM http://www.streetinsider.com/Press+Releases/Voluntary+TSX+delisting+application/25125465.html <p align="justify">TORONTO, July 31, 2025 (GLOBE NEWSWIRE) -- Xanadu Mines Ltd <strong>(ASX:XAM, TSX:XAM) </strong>ACN 114 249 026 (<strong>Xanadu</strong> or the <strong>Company</strong>) refers to its previous announcement released on 29 July 2025 (<strong>Announcement</strong>) regarding the Compulsory Acquisition Notice provided by Bastion Mining Pte. Ltd. UEN 202512367N (<strong>Bastion</strong>) on 25 July 2025, pursuant to which Bastion will exercise its right to compulsorily acquire the remaining Xanadu Shares under the <em>Corporations Act 2001</em> (Cth) (<strong>Compulsory Acquisition</strong>).</p> <p align="justify">Further to the Announcement, Xanadu provides the following update in relation to its listing on the Toronto Stock Exchange (<strong>TSX</strong>).</p> <p align="justify">As http://www.streetinsider.com/Press+Releases/Voluntary+TSX+delisting+application/25125465.html Thu, 31 Jul 2025 07:00:00 -0400 O.10854084 XAM XAM http://www.streetinsider.com/Globe+Newswire/Voluntary+TSX+delisting+application/25125465.html <p align="justify">TORONTO, July 31, 2025 (GLOBE NEWSWIRE) -- Xanadu Mines Ltd <strong>(ASX:XAM, TSX:XAM) </strong>ACN 114 249 026 (<strong>Xanadu</strong> or the <strong>Company</strong>) refers to its previous announcement released on 29 July 2025 (<strong>Announcement</strong>) regarding the Compulsory Acquisition Notice provided by Bastion Mining Pte. Ltd. UEN 202512367N (<strong>Bastion</strong>) on 25 July 2025, pursuant to which Bastion will exercise its right to compulsorily acquire the remaining Xanadu Shares under the <em>Corporations Act 2001</em> (Cth) (<strong>Compulsory Acquisition</strong>).</p> <p align="justify">Further to the Announcement, Xanadu provides the following update in relation to its listing on the Toronto Stock Exchange (<strong>TSX</strong>).</p> <p align="justify">As http://www.streetinsider.com/Globe+Newswire/Voluntary+TSX+delisting+application/25125465.html Thu, 31 Jul 2025 07:00:00 -0400 O.10854084 XAM XAM http://www.streetinsider.com/Globe+Newswire/Voluntary+TSX+delisting+application/25125465.html <p align="justify">TORONTO, July 31, 2025 (GLOBE NEWSWIRE) -- Xanadu Mines Ltd <strong>(ASX:XAM, TSX:XAM) </strong>ACN 114 249 026 (<strong>Xanadu</strong> or the <strong>Company</strong>) refers to its previous announcement released on 29 July 2025 (<strong>Announcement</strong>) regarding the Compulsory Acquisition Notice provided by Bastion Mining Pte. Ltd. UEN 202512367N (<strong>Bastion</strong>) on 25 July 2025, pursuant to which Bastion will exercise its right to compulsorily acquire the remaining Xanadu Shares under the <em>Corporations Act 2001</em> (Cth) (<strong>Compulsory Acquisition</strong>).</p> <p align="justify">Further to the Announcement, Xanadu provides the following update in relation to its listing on the Toronto Stock Exchange (<strong>TSX</strong>).</p> <p align="justify">As http://www.streetinsider.com/Globe+Newswire/Voluntary+TSX+delisting+application/25125465.html Thu, 31 Jul 2025 07:00:00 -0400 O.10854084 XAM XAM http://www.streetinsider.com/Globe+Newswire/Voluntary+TSX+delisting+application/25125465.html <p align="justify">TORONTO, July 31, 2025 (GLOBE NEWSWIRE) -- Xanadu Mines Ltd <strong>(ASX:XAM, TSX:XAM) </strong>ACN 114 249 026 (<strong>Xanadu</strong> or the <strong>Company</strong>) refers to its previous announcement released on 29 July 2025 (<strong>Announcement</strong>) regarding the Compulsory Acquisition Notice provided by Bastion Mining Pte. Ltd. UEN 202512367N (<strong>Bastion</strong>) on 25 July 2025, pursuant to which Bastion will exercise its right to compulsorily acquire the remaining Xanadu Shares under the <em>Corporations Act 2001</em> (Cth) (<strong>Compulsory Acquisition</strong>).</p> <p align="justify">Further to the Announcement, Xanadu provides the following update in relation to its listing on the Toronto Stock Exchange (<strong>TSX</strong>).</p> <p align="justify">As http://www.streetinsider.com/Globe+Newswire/Voluntary+TSX+delisting+application/25125465.html Thu, 31 Jul 2025 07:00:00 -0400 O.10854084 XAM XAM http://www.streetinsider.com/Press+Releases/Quarterly+Activities+Report/25116251.html <p align="center">for the three months ended 30 June 2025<br/>(figures are unaudited and in A$ except where stated)</p> <p align="start">TORONTO, July 29, 2025 (GLOBE NEWSWIRE) -- </p> <p align="justify"><strong>June 2025 Quarter<br/></strong>During the Quarter ending 30 June 2025 <strong>(June Quarter)</strong>, <strong>Xanadu Mines Ltd (Xanadu </strong>or the<strong> Company)</strong> focused on strategic funding options to progress the Kharmagtai Copper and Gold Project (<strong>Kharmagtai</strong>). This resulted in an off-market takeover bid from Bastion Mining Pty Ltd (<strong>Bastion</strong>), which the Board recommended to shareholders. At the time of this report, Bastion has acquired a relevant interest exceeding 90% http://www.streetinsider.com/Press+Releases/Quarterly+Activities+Report/25116251.html Tue, 29 Jul 2025 22:53:00 -0400 A.50202168 A.50211531 O.10854084 O.35005598 O.38749783 XAM XAM http://www.streetinsider.com/Press+Releases/Quarterly+Activities+Report/25116251.html <p align="center">for the three months ended 30 June 2025<br/>(figures are unaudited and in A$ except where stated)</p> <p align="start">TORONTO, July 29, 2025 (GLOBE NEWSWIRE) -- </p> <p align="justify"><strong>June 2025 Quarter<br/></strong>During the Quarter ending 30 June 2025 <strong>(June Quarter)</strong>, <strong>Xanadu Mines Ltd (Xanadu </strong>or the<strong> Company)</strong> focused on strategic funding options to progress the Kharmagtai Copper and Gold Project (<strong>Kharmagtai</strong>). This resulted in an off-market takeover bid from Bastion Mining Pty Ltd (<strong>Bastion</strong>), which the Board recommended to shareholders. At the time of this report, Bastion has acquired a relevant interest exceeding 90% http://www.streetinsider.com/Press+Releases/Quarterly+Activities+Report/25116251.html Tue, 29 Jul 2025 22:53:00 -0400 A.50202168 A.50211531 O.10854084 O.35005598 O.38749783 XAM XAM http://www.streetinsider.com/Press+Releases/Quarterly+Activities+Report/25116251.html <p align="center">for the three months ended 30 June 2025<br/>(figures are unaudited and in A$ except where stated)</p> <p align="start">TORONTO, July 29, 2025 (GLOBE NEWSWIRE) -- </p> <p align="justify"><strong>June 2025 Quarter<br/></strong>During the Quarter ending 30 June 2025 <strong>(June Quarter)</strong>, <strong>Xanadu Mines Ltd (Xanadu </strong>or the<strong> Company)</strong> focused on strategic funding options to progress the Kharmagtai Copper and Gold Project (<strong>Kharmagtai</strong>). This resulted in an off-market takeover bid from Bastion Mining Pty Ltd (<strong>Bastion</strong>), which the Board recommended to shareholders. At the time of this report, Bastion has acquired a relevant interest exceeding 90% http://www.streetinsider.com/Press+Releases/Quarterly+Activities+Report/25116251.html Tue, 29 Jul 2025 22:53:00 -0400 A.50202168 A.50211531 O.10854084 O.35005598 O.38749783 XAM XAM http://www.streetinsider.com/Press+Releases/Quarterly+Activities+Report/25116251.html <p align="center">for the three months ended 30 June 2025<br/>(figures are unaudited and in A$ except where stated)</p> <p align="start">TORONTO, July 29, 2025 (GLOBE NEWSWIRE) -- </p> <p align="justify"><strong>June 2025 Quarter<br/></strong>During the Quarter ending 30 June 2025 <strong>(June Quarter)</strong>, <strong>Xanadu Mines Ltd (Xanadu </strong>or the<strong> Company)</strong> focused on strategic funding options to progress the Kharmagtai Copper and Gold Project (<strong>Kharmagtai</strong>). This resulted in an off-market takeover bid from Bastion Mining Pty Ltd (<strong>Bastion</strong>), which the Board recommended to shareholders. At the time of this report, Bastion has acquired a relevant interest exceeding 90% http://www.streetinsider.com/Press+Releases/Quarterly+Activities+Report/25116251.html Tue, 29 Jul 2025 22:53:00 -0400 A.50202168 A.50211531 O.10854084 O.35005598 O.38749783 XAM XAM http://www.streetinsider.com/Press+Releases/Quarterly+Activities+Report/25116251.html <p align="center">for the three months ended 30 June 2025<br/>(figures are unaudited and in A$ except where stated)</p> <p align="start">TORONTO, July 29, 2025 (GLOBE NEWSWIRE) -- </p> <p align="justify"><strong>June 2025 Quarter<br/></strong>During the Quarter ending 30 June 2025 <strong>(June Quarter)</strong>, <strong>Xanadu Mines Ltd (Xanadu </strong>or the<strong> Company)</strong> focused on strategic funding options to progress the Kharmagtai Copper and Gold Project (<strong>Kharmagtai</strong>). This resulted in an off-market takeover bid from Bastion Mining Pty Ltd (<strong>Bastion</strong>), which the Board recommended to shareholders. At the time of this report, Bastion has acquired a relevant interest exceeding 90% http://www.streetinsider.com/Press+Releases/Quarterly+Activities+Report/25116251.html Tue, 29 Jul 2025 22:53:00 -0400 A.50202168 A.50211531 O.10854084 O.35005598 O.38749783 XAM XAM http://www.streetinsider.com/Press+Releases/Quarterly+Activities+Report/25116251.html <p align="center">for the three months ended 30 June 2025<br/>(figures are unaudited and in A$ except where stated)</p> <p align="start">TORONTO, July 29, 2025 (GLOBE NEWSWIRE) -- </p> <p align="justify"><strong>June 2025 Quarter<br/></strong>During the Quarter ending 30 June 2025 <strong>(June Quarter)</strong>, <strong>Xanadu Mines Ltd (Xanadu </strong>or the<strong> Company)</strong> focused on strategic funding options to progress the Kharmagtai Copper and Gold Project (<strong>Kharmagtai</strong>). This resulted in an off-market takeover bid from Bastion Mining Pty Ltd (<strong>Bastion</strong>), which the Board recommended to shareholders. At the time of this report, Bastion has acquired a relevant interest exceeding 90% http://www.streetinsider.com/Press+Releases/Quarterly+Activities+Report/25116251.html Tue, 29 Jul 2025 22:53:00 -0400 A.50202168 A.50211531 O.10854084 O.35005598 O.38749783 XAM XAM http://www.streetinsider.com/Press+Releases/Quarterly+Activities+Report/25116251.html <p align="center">for the three months ended 30 June 2025<br/>(figures are unaudited and in A$ except where stated)</p> <p align="start">TORONTO, July 29, 2025 (GLOBE NEWSWIRE) -- </p> <p align="justify"><strong>June 2025 Quarter<br/></strong>During the Quarter ending 30 June 2025 <strong>(June Quarter)</strong>, <strong>Xanadu Mines Ltd (Xanadu </strong>or the<strong> Company)</strong> focused on strategic funding options to progress the Kharmagtai Copper and Gold Project (<strong>Kharmagtai</strong>). This resulted in an off-market takeover bid from Bastion Mining Pty Ltd (<strong>Bastion</strong>), which the Board recommended to shareholders. At the time of this report, Bastion has acquired a relevant interest exceeding 90% http://www.streetinsider.com/Press+Releases/Quarterly+Activities+Report/25116251.html Tue, 29 Jul 2025 22:53:00 -0400 A.50202168 A.50211531 O.10854084 O.35005598 O.38749783 XAM XAM http://www.streetinsider.com/Globe+Newswire/Quarterly+Activities+Report/25116251.html <p align="center">for the three months ended 30 June 2025<br/>(figures are unaudited and in A$ except where stated)</p> <p align="start">TORONTO, July 29, 2025 (GLOBE NEWSWIRE) -- </p> <p align="justify"><strong>June 2025 Quarter<br/></strong>During the Quarter ending 30 June 2025 <strong>(June Quarter)</strong>, <strong>Xanadu Mines Ltd (Xanadu </strong>or the<strong> Company)</strong> focused on strategic funding options to progress the Kharmagtai Copper and Gold Project (<strong>Kharmagtai</strong>). This resulted in an off-market takeover bid from Bastion Mining Pty Ltd (<strong>Bastion</strong>), which the Board recommended to shareholders. At the time of this report, Bastion has acquired a relevant interest exceeding 90% http://www.streetinsider.com/Globe+Newswire/Quarterly+Activities+Report/25116251.html Tue, 29 Jul 2025 22:53:00 -0400 A.50202168 A.50211531 O.10854084 O.35005598 O.38749783 XAM XAM http://www.streetinsider.com/Globe+Newswire/Quarterly+Activities+Report/25116251.html <p align="center">for the three months ended 30 June 2025<br/>(figures are unaudited and in A$ except where stated)</p> <p align="start">TORONTO, July 29, 2025 (GLOBE NEWSWIRE) -- </p> <p align="justify"><strong>June 2025 Quarter<br/></strong>During the Quarter ending 30 June 2025 <strong>(June Quarter)</strong>, <strong>Xanadu Mines Ltd (Xanadu </strong>or the<strong> Company)</strong> focused on strategic funding options to progress the Kharmagtai Copper and Gold Project (<strong>Kharmagtai</strong>). This resulted in an off-market takeover bid from Bastion Mining Pty Ltd (<strong>Bastion</strong>), which the Board recommended to shareholders. At the time of this report, Bastion has acquired a relevant interest exceeding 90% http://www.streetinsider.com/Globe+Newswire/Quarterly+Activities+Report/25116251.html Tue, 29 Jul 2025 22:53:00 -0400 A.50202168 A.50211531 O.10854084 O.35005598 O.38749783 XAM XAM http://www.streetinsider.com/Globe+Newswire/Quarterly+Activities+Report/25116251.html <p align="center">for the three months ended 30 June 2025<br/>(figures are unaudited and in A$ except where stated)</p> <p align="start">TORONTO, July 29, 2025 (GLOBE NEWSWIRE) -- </p> <p align="justify"><strong>June 2025 Quarter<br/></strong>During the Quarter ending 30 June 2025 <strong>(June Quarter)</strong>, <strong>Xanadu Mines Ltd (Xanadu </strong>or the<strong> Company)</strong> focused on strategic funding options to progress the Kharmagtai Copper and Gold Project (<strong>Kharmagtai</strong>). This resulted in an off-market takeover bid from Bastion Mining Pty Ltd (<strong>Bastion</strong>), which the Board recommended to shareholders. At the time of this report, Bastion has acquired a relevant interest exceeding 90% http://www.streetinsider.com/Globe+Newswire/Quarterly+Activities+Report/25116251.html Tue, 29 Jul 2025 22:53:00 -0400 A.50202168 A.50211531 O.10854084 O.35005598 O.38749783 XAM XAM http://www.streetinsider.com/Globe+Newswire/Quarterly+Activities+Report/25116251.html <p align="center">for the three months ended 30 June 2025<br/>(figures are unaudited and in A$ except where stated)</p> <p align="start">TORONTO, July 29, 2025 (GLOBE NEWSWIRE) -- </p> <p align="justify"><strong>June 2025 Quarter<br/></strong>During the Quarter ending 30 June 2025 <strong>(June Quarter)</strong>, <strong>Xanadu Mines Ltd (Xanadu </strong>or the<strong> Company)</strong> focused on strategic funding options to progress the Kharmagtai Copper and Gold Project (<strong>Kharmagtai</strong>). This resulted in an off-market takeover bid from Bastion Mining Pty Ltd (<strong>Bastion</strong>), which the Board recommended to shareholders. At the time of this report, Bastion has acquired a relevant interest exceeding 90% http://www.streetinsider.com/Globe+Newswire/Quarterly+Activities+Report/25116251.html Tue, 29 Jul 2025 22:53:00 -0400 A.50202168 A.50211531 O.10854084 O.35005598 O.38749783 XAM XAM http://www.streetinsider.com/Globe+Newswire/Quarterly+Activities+Report/25116251.html <p align="center">for the three months ended 30 June 2025<br/>(figures are unaudited and in A$ except where stated)</p> <p align="start">TORONTO, July 29, 2025 (GLOBE NEWSWIRE) -- </p> <p align="justify"><strong>June 2025 Quarter<br/></strong>During the Quarter ending 30 June 2025 <strong>(June Quarter)</strong>, <strong>Xanadu Mines Ltd (Xanadu </strong>or the<strong> Company)</strong> focused on strategic funding options to progress the Kharmagtai Copper and Gold Project (<strong>Kharmagtai</strong>). This resulted in an off-market takeover bid from Bastion Mining Pty Ltd (<strong>Bastion</strong>), which the Board recommended to shareholders. At the time of this report, Bastion has acquired a relevant interest exceeding 90% http://www.streetinsider.com/Globe+Newswire/Quarterly+Activities+Report/25116251.html Tue, 29 Jul 2025 22:53:00 -0400 A.50202168 A.50211531 O.10854084 O.35005598 O.38749783 XAM XAM http://www.streetinsider.com/Globe+Newswire/Quarterly+Activities+Report/25116251.html <p align="center">for the three months ended 30 June 2025<br/>(figures are unaudited and in A$ except where stated)</p> <p align="start">TORONTO, July 29, 2025 (GLOBE NEWSWIRE) -- </p> <p align="justify"><strong>June 2025 Quarter<br/></strong>During the Quarter ending 30 June 2025 <strong>(June Quarter)</strong>, <strong>Xanadu Mines Ltd (Xanadu </strong>or the<strong> Company)</strong> focused on strategic funding options to progress the Kharmagtai Copper and Gold Project (<strong>Kharmagtai</strong>). This resulted in an off-market takeover bid from Bastion Mining Pty Ltd (<strong>Bastion</strong>), which the Board recommended to shareholders. At the time of this report, Bastion has acquired a relevant interest exceeding 90% http://www.streetinsider.com/Globe+Newswire/Quarterly+Activities+Report/25116251.html Tue, 29 Jul 2025 22:53:00 -0400 A.50202168 A.50211531 O.10854084 O.35005598 O.38749783 XAM XAM http://www.streetinsider.com/Globe+Newswire/Quarterly+Activities+Report/25116251.html <p align="center">for the three months ended 30 June 2025<br/>(figures are unaudited and in A$ except where stated)</p> <p align="start">TORONTO, July 29, 2025 (GLOBE NEWSWIRE) -- </p> <p align="justify"><strong>June 2025 Quarter<br/></strong>During the Quarter ending 30 June 2025 <strong>(June Quarter)</strong>, <strong>Xanadu Mines Ltd (Xanadu </strong>or the<strong> Company)</strong> focused on strategic funding options to progress the Kharmagtai Copper and Gold Project (<strong>Kharmagtai</strong>). This resulted in an off-market takeover bid from Bastion Mining Pty Ltd (<strong>Bastion</strong>), which the Board recommended to shareholders. At the time of this report, Bastion has acquired a relevant interest exceeding 90% http://www.streetinsider.com/Globe+Newswire/Quarterly+Activities+Report/25116251.html Tue, 29 Jul 2025 22:53:00 -0400 A.50202168 A.50211531 O.10854084 O.35005598 O.38749783 XAM XAM http://www.streetinsider.com/Press+Releases/Material+Update+on+Off-Market+Takeover+by+Bastion+Mining/24944097.html <p align="justify">TORONTO, Canada, June 17, 2025 (GLOBE NEWSWIRE) -- <strong>Xanadu Mines Ltd (ASX: XAM, TSX: XAM) </strong>(<strong>Xanadu</strong> or the <strong>Company</strong>) today provides an important update in relation to the off-market takeover offer by Bastion Mining Pte. Ltd. UEN 202512367N (<strong>Bastion</strong>) to acquire all the fully paid, ordinary shares in Xanadu (<strong>Offer</strong>)1<strong>,</strong>2<strong>,</strong>3.</p> <p align="justify">The Takeover Board Committee of Xanadu (<strong>Takeover Board Committee</strong>) notes that Zijin Mining Group (<strong>Zijin</strong>), the Company’s largest shareholder4 and joint venture partner has accepted the Bastion Offer for all shares that it holds in Xanadu. Together with Bastion’s existing direct equity interest http://www.streetinsider.com/Press+Releases/Material+Update+on+Off-Market+Takeover+by+Bastion+Mining/24944097.html Tue, 17 Jun 2025 07:00:00 -0400 O.10854084 XAM XAM http://www.streetinsider.com/Press+Releases/Material+Update+on+Off-Market+Takeover+by+Bastion+Mining/24944097.html <p align="justify">TORONTO, Canada, June 17, 2025 (GLOBE NEWSWIRE) -- <strong>Xanadu Mines Ltd (ASX: XAM, TSX: XAM) </strong>(<strong>Xanadu</strong> or the <strong>Company</strong>) today provides an important update in relation to the off-market takeover offer by Bastion Mining Pte. Ltd. UEN 202512367N (<strong>Bastion</strong>) to acquire all the fully paid, ordinary shares in Xanadu (<strong>Offer</strong>)1<strong>,</strong>2<strong>,</strong>3.</p> <p align="justify">The Takeover Board Committee of Xanadu (<strong>Takeover Board Committee</strong>) notes that Zijin Mining Group (<strong>Zijin</strong>), the Company’s largest shareholder4 and joint venture partner has accepted the Bastion Offer for all shares that it holds in Xanadu. Together with Bastion’s existing direct equity interest http://www.streetinsider.com/Press+Releases/Material+Update+on+Off-Market+Takeover+by+Bastion+Mining/24944097.html Tue, 17 Jun 2025 07:00:00 -0400 O.10854084 XAM XAM http://www.streetinsider.com/Press+Releases/Material+Update+on+Off-Market+Takeover+by+Bastion+Mining/24944097.html <p align="justify">TORONTO, Canada, June 17, 2025 (GLOBE NEWSWIRE) -- <strong>Xanadu Mines Ltd (ASX: XAM, TSX: XAM) </strong>(<strong>Xanadu</strong> or the <strong>Company</strong>) today provides an important update in relation to the off-market takeover offer by Bastion Mining Pte. Ltd. UEN 202512367N (<strong>Bastion</strong>) to acquire all the fully paid, ordinary shares in Xanadu (<strong>Offer</strong>)1<strong>,</strong>2<strong>,</strong>3.</p> <p align="justify">The Takeover Board Committee of Xanadu (<strong>Takeover Board Committee</strong>) notes that Zijin Mining Group (<strong>Zijin</strong>), the Company’s largest shareholder4 and joint venture partner has accepted the Bastion Offer for all shares that it holds in Xanadu. Together with Bastion’s existing direct equity interest http://www.streetinsider.com/Press+Releases/Material+Update+on+Off-Market+Takeover+by+Bastion+Mining/24944097.html Tue, 17 Jun 2025 07:00:00 -0400 O.10854084 XAM XAM http://www.streetinsider.com/Globe+Newswire/Material+Update+on+Off-Market+Takeover+by+Bastion+Mining/24944097.html <p align="justify">TORONTO, Canada, June 17, 2025 (GLOBE NEWSWIRE) -- <strong>Xanadu Mines Ltd (ASX: XAM, TSX: XAM) </strong>(<strong>Xanadu</strong> or the <strong>Company</strong>) today provides an important update in relation to the off-market takeover offer by Bastion Mining Pte. Ltd. UEN 202512367N (<strong>Bastion</strong>) to acquire all the fully paid, ordinary shares in Xanadu (<strong>Offer</strong>)1<strong>,</strong>2<strong>,</strong>3.</p> <p align="justify">The Takeover Board Committee of Xanadu (<strong>Takeover Board Committee</strong>) notes that Zijin Mining Group (<strong>Zijin</strong>), the Company’s largest shareholder4 and joint venture partner has accepted the Bastion Offer for all shares that it holds in Xanadu. Together with Bastion’s existing direct equity interest http://www.streetinsider.com/Globe+Newswire/Material+Update+on+Off-Market+Takeover+by+Bastion+Mining/24944097.html Tue, 17 Jun 2025 07:00:00 -0400 O.10854084 XAM XAM http://www.streetinsider.com/Globe+Newswire/Material+Update+on+Off-Market+Takeover+by+Bastion+Mining/24944097.html <p align="justify">TORONTO, Canada, June 17, 2025 (GLOBE NEWSWIRE) -- <strong>Xanadu Mines Ltd (ASX: XAM, TSX: XAM) </strong>(<strong>Xanadu</strong> or the <strong>Company</strong>) today provides an important update in relation to the off-market takeover offer by Bastion Mining Pte. Ltd. UEN 202512367N (<strong>Bastion</strong>) to acquire all the fully paid, ordinary shares in Xanadu (<strong>Offer</strong>)1<strong>,</strong>2<strong>,</strong>3.</p> <p align="justify">The Takeover Board Committee of Xanadu (<strong>Takeover Board Committee</strong>) notes that Zijin Mining Group (<strong>Zijin</strong>), the Company’s largest shareholder4 and joint venture partner has accepted the Bastion Offer for all shares that it holds in Xanadu. Together with Bastion’s existing direct equity interest http://www.streetinsider.com/Globe+Newswire/Material+Update+on+Off-Market+Takeover+by+Bastion+Mining/24944097.html Tue, 17 Jun 2025 07:00:00 -0400 O.10854084 XAM XAM