June 20 (Reuters) - Avanco Resources Ltd (AVB) :
- AS AT 18 JUNE, OFFER ACCEPTANCE LEVELS HAVE REACHED 86.8% AND OZ MINERALS HAS ASSUMED CONTROL OF CO THROUGH BOARD APPOINTMENTS
- ALL AVANCO'S MAJOR SHAREHOLDERS INCLUDING APPIAN, BLACKROCK, GREENSTONE RESOURCES AND GLENCORE HAVE NOW ACCEPTED INTO OFFER
- IF OZ MINERALS REACHES 90% ACCEPTANCES, IT WILL INVOKE COMPULSORY ACQUISITION PROCEDURE
