Dec 11 (Reuters) - Phoenix Gold Ltd PXG.AX :
* Evolution approaches compulsory acquisition of Phoenix PXG.AX
* Notes the announcement by Evolution Mining that it currently has an 83.79% relevant interest in Phoenix
* Says each of the Phoenix directors who held or controlled Phoenix shares has now accepted the offer
* Says board of Phoenix continues to recommend that Phoenix shareholders accept the Evolution offer
* Evolution declared its offer final, meaning that the offer price cannot be increased any further
* Source text for Eikon ID:nASX2BkR6K
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