03:36 PM EST - Elemental Minerals Ltd. : announced that it has received an indicative, non-binding, incomplete and conditional proposal which, if it were to proceed to a formal offer, could result in an offer being made to acquire all of the outstanding shares in Elemental for a cash price of A$0.66 per share Elemental Minerals Ltd.
shares T.ELM are trading up $0.18 at $0.58.
