US based Alacer Gold Corp (ASX:AQG, TSX:ASR) has acknowledged it’s been approached by a third party regarding a possible transaction.
The company says it has no current intention of pursuing any corporate transactions.
OceanaGold Corporation
(ASX:OGC) has responded to media speculation confirming that is has made a number of approaches to Alacer seeking to explore potential business combination.
OceanaGold says the company has made clear that it’s not willing to engage in discussions regarding a business communication.
Alacer reported a net profit of $29 million in the first half of the 2014 calendar year.