AGO 0.00% 4.5¢ atlas iron limited

Ann: 4.2 cents per share takeover offer from Hancock, page-100

  1. 251 Posts.
    lightbulb Created with Sketch. 15
    ASX ANNOUNCEMENT
    18 June 2018
    Mineral Resources Limited (ASX: MIN; MRL, the Company) notes today’s announcement from Hancock
    Prospecting subsidiary Redstone Corporation Pty Ltd (Redstone) that Redstone has made a takeover offer to
    acquire all of the ordinary shares of Atlas Iron (Atlas) at a price of 4.2¢ cash per Atlas share.
    On 9 April 2018, MRL and Atlas executed a Scheme Implementation Deed (Scheme) in relation to a
    combination of the companies, which provides MRL with matching rights in relation to competing proposals
    (see Atlas’ ASX Announcement of 9 April 2018).
    MRL is currently considering its position and will advise its intentions in due course.
    ENDS
    For further information, please contact:
    Simon Rushton
    EGM – Corporate Development
    Mineral Resources Limited
    T: +61 8 9329 3600
    E: [email protected]


    What a week this is turning out to be
 
watchlist Created with Sketch. Add AGO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.