News: NWE Norwest Energy Nl Says Recommend Shareholders Reject Mineral Resources Offer

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    Jan 10 (Reuters) - Norwest Energy Nl (NWE) :

    • DIRECTORS UNANIMOUSLY RECOMMEND SHAREHOLDERS REJECT OFFER BY MINERAL RESOURCES
    • TAKEOVER OFFER BY MINERAL RESOURCES DOES NOT APPROPRIATELY VALUE NORWEST’S PERTH BASIN ASSETS
    • MINRES SEEKING TO SECURE CONTROL OF NORWEST AND ITS PERTH BASIN ASSETS WITHOUT PAYING APPROPRIATE PREMIUM FOR CONTROL
 
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