MC Mining extended its takeover offer period to 19 April 2024, approved by the Australian Securities and Investments Commission, despite Goldway Capital Investment's prior refusal to amend terms.

The independent board committee criticised Goldway for not meeting its 'best and final' statements and deemed the offer insufficient, urging shareholders not to accept it.

The committee maintains its stance against the offer, stressing the need for shareholder support to explore value-maximising opportunities.