MEDELLIN, Colombia / Feb 24, 2025 / Business Wire / Mineros S.A. (TSX:MSA, MINEROS:CB) (“Mineros” or the “Company”) announces that the Colombian Superintendent of Finance (“SFC”) has issued a public notice (the “SFC Notice”) announcing the submission to the SFC of an application to make a competing public tender offer in Colombia to acquire between 0.00000028% and 9% of the issued and subscribed ordinary shares of Mineros (“Mineros Shares”) through the facilities of the Colombia Stock Exchange (“BVC”) at an offering price of Colombian peso $4,835 per share, equivalent to approximately CAD$1.69, payable in cash in Colombian pesos or U.S. dollars (the “Competing Offer”).
In accordance with Colombian laws, trading in Mineros Shares on the BVC was halted upon the issuance of the SFC Notice, and will remain suspended until the day following the first publication of the offer notice. The…
