On November 26, 2020, Nord Gold S.E. announced that it has made an offer under an unconditional on-market takeover bid on the Australian Securities Exchange to acquire all of the ordinary shares in Cardinal Resources Limited that it and its associates do not already own. Nord gold’s bidder’s statement in relation to the offer was dated and lodged with the Australian Securities and Investments Commission on July 15, 2020, and was supplemented by the first supplementary bidder’s statement dated September 2, 2020, the second supplementary bidder’s statement dated September 3, 2020, the third supplementary bidder’s statement dated October 21, 2020 and the fourth supplementary bidder’s statement dated November 23, 2020. Nord Gold stated that the offer commenced on July 30, 2020 and had an initial expiry date of August 31, 2020. In addition, Nord Gold stated that the offer now expires on December 14, 2020.