Mineral Resources has increased its takeover offer to Polaris Metals shareholders.
Mineral Resources will now offer one MRL share for every 10 Polaris shares and five cents cash for every one Polaris share, the company said in a statement today.
"MRL's increased share offer represents a premium of 149 per cent to the 30 cents closing price of Polaris Shares on August 14, 2009," the company said.
