AXZ amex resources limited

News: AXZ Amex Resources receives takeover offer from Waratah International (Asia)

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    March 13 (Reuters) - Amex Resources Ltd (AXZ)

    • Received off-market takeover offer from Waratah International (Asia) under which Waratah offers to acquire all issued shares of amex
    • All cash takeover offer of $0.50 per amex share
    • Amex directors unanimously recommend that shareholders accept offer, in absence of a superior proposal
    • Offer values entire issued share capital of Amex at approximately $54 million
 
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Currently unlisted public company.

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