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Bullabulling Gold repeats rejection of Norton bid

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Bullabulling Gold (ASX:BAB, LON:BGL)  repeated on Friday its rejection of the offer from gold miner Norton Gold Fields, recommending shareholders take no action.

A bidders statement from Norton, which is offering 7c cash per share, has been dispatched to Bullabulling shareholders.

Bullabulling has previously said the offer does not adequately reflect either the company's value or the value of its gold project.

 

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