Crazy Day for Supatcha Resources Inc (OTC: SAEI)

It must be a crazy day for the shareholders of Supatcha Resources Inc (OTC:SAEIE) as the company just an hour ago said that it has been approached by OXM Group (OXM) to acquire Supatcha Resources for hefty price of $1.75 a share, representing a premium of about 343% from the closing price of SAEI on Thursday. Supatcha Resources is now discussing with its advisors to respond the  OXM Group's offer. Following the announcement, shares of SAEI have soared 75% to a high of $0.93 on hefty volume of 18.64 million. It would be interesting to how the management will react to the offer and if accepted, shareholders could generate another 150% return from the current market price. Disclaimer: The assembled information distributed by epicstockpicks.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Epicstockpicks.com does expect that investors will buy and sell securities based on information assembled and presented herein. EpicStockPicks.com will not be responsible in any way for or accept any liability for any losses arising from an investor's reliance on or use of information obtained from our website or emails. PLEASE always do your own due diligence, and consult your financial advisor. Supatcha Resources Inc. is an exploration-stage company. The Company is engaged in the acquisition and exploration of mineral properties with a view to exploiting any mineral deposits it discovers, which demonstrate economic feasibility.
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