CBH 0.00% 8.0¢ coolabah metals limited

Ann: Toho Proposal Recommended at 24 cents per Sh, page-3

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    re: Ann: Toho Proposal Recommended at 24 cent... Sydney - Tuesday - April 27: (RWE Australian Business News) -
    CBH Respurces' (ASX:CBH) independent committee has unanimously
    recommended the takeover proposal from Toho Zinc of 24c a share.
    Stephen Dennis, managing director of CBH, said: "This offer from
    CBH's major shareholder, Toho, is very attractive for CBH shareholders,
    particularly when compared to previous proposals received recently by
    the Company. It is particularly noteworthy that the Toho Offer is above
    the Independent Expert's valuation range of $0.187 to $0.232 per share."

    ENDS
 
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