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Sun Valley Aims to Launch Public Offer for Mineros Shares
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Sun Valley Aims to Launch Public Offer for Mineros Shares
Jan 28, 2025 4:29 AM

07:13 AM EST, 01/28/2025 (MT Newswires) -- Sun Valley Investments overnight Monday filed with the Colombian Superintendent of Finance (SFC) to make a public offer to buy Mineros ( MNSAF ) common shares on the Colombia Securities Exchange.

The public offer is subject to approval by the SFC. Sun Valley said if the OPA is approved it will offer COP $4,600 (Colombian) in cash. The company will offer to buy a minimum of 5% and a maximum of 9% of the outstanding common shares.

Shares of Mineros ( MNSAF ) closed up $0.05, or 2.9%, at $1.80 on Monday, just shy of its 52-week-high of $1.82.

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