The tender offer is usually made public for the first time when the offer implementation agreement is concluded. This announcement usually attaches a complete copy of the agreement to implement the offer. The tender implementation agreement usually contains “agreement safeguard mechanisms” such as: in a friendly takeover bid, the bidder and the target will usually conclude a “bid implementation agreement” before the public announcement of the bid: the bid can only be opened for acceptance when the offeror`s statement has been sent to all target value holders. However, unless the target is accepted otherwise, the tenderer shall not be allowed to send the declaration of its tenderer to the holders of the target value up to fourteen days after the tenderer`s declaration to target. The 14-day wait gives the target company time to respond to the bidder`s offer. The scientific and technical information contained in this communication, concerning the results of exploration, mineral resources and ore reserves in the Namdini gold project, has been reviewed and approved by Mr. Richard Bray, a registered professional geologist at the Australian Institute of Geoscientists, and Mr. Ekow Taylor, a professional geologist chartered at the Australian Institute of Mining and Metallurgy. Mr.
Bray and Mr. Taylor have more than five years of experience in the thought rights of mineralization and the nature of the proposed deposits, as well as in the activity undertaken to qualify as a competent person within the meaning of the 2012 edition of the Australian Code for the Deferral of Exploration Results, Mineral Resources and Reserves of Ore and Qualified Experts within the meaning of NI43-101. Mr. Bray and Mr. Taylor are full-time employees of Cardinal and hold equity in the company. By nature, mineral exploration is a high-risk activity and is not suitable for some investors. Cardinal`s securities are speculative. Potential investors should consult their stockbroker or financial advisor. There are a number of risks, both specific to Cardinal and of a general nature, that may affect Cardinal`s future operational and financial performance and the value of an investment in Cardinal, including, but not limited to, economic conditions, stock market fluctuations, gold price movements, regional restrictions on infrastructure, the date of approval of the competent authorities, regulatory risks, operational risks and dependence on key personnel and currency fluctuations. increase the break fee so that it continues to reach about 1% of the value of the agreement….