SSH Group (ASX:SSH) has entered a non-binding term sheet for the potential acquisition of Total Contract Mining, according to a Friday Australian bourse filing.
The value of the proposed acquisition is not yet known and will be finalized following a due diligence process, the filing added.
The company's shares rose 10% on market close.
Price (AUD): $0.11, Change: $+0.010, Percent Change: +10.00%
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