Feb 9 (Reuters) - MHM Metals Ltd MHM.AX
* Received an intention to make an off-market takeover offer for all of ordinary shares in company from Cadmon Ventures Pty
* Bidder proposes to offer MHM shareholders $0.0435 in cash for each MHM share they own, valuing equity in MHM at $5.93 million
* Offer price superior to existing off-market takeover offer from Mercantile OFM a wholly owned subsidiary of Mercantile Investment Co Source text for Eikon: ID:nASX6B4r8M Further company coverage: MHM.AX