88E ups offer XCD

AUSTRALIAN junior oil and gas explorers, 88 Energy and XCD, have plans to merge under an off-market takeover offer.

88E ups offer XCD 88E ups offer XCD 88E ups offer XCD 88E ups offer XCD 88E ups offer XCD

Not so bearish: 88E ups offer for XCD

Under the agreement announced today 88E will issue 2.4 shares for each XCD share and an additional 0.7 shares for XCD listed options.

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