Aztec advises "no action" on Mt Gibson merger offer12:28,...

Aztec advises "no action" on Mt Gibson merger offer
12:28, Monday, 24 July 2006

Sydney - Monday - July 24: (RWE Aust Business News) - Aztec
Resources Ltd (ASX:AZR) has advised shareholders to take no action on the
Mt Gibson merger deal.
Mt Gibson is proposing to offer one of its shares for every three
Aztec shares.
"Mt Gibson's offer is unsolicited," Aztec said.
"The Aztec directors believe the offer is opportunistic
and designed to take advantage of the company in the period prior to the
development of the Koolan Island project.
"Shareholders are advised to take no action in relation to Mt
Gibson's takeover offer until the Aztec directors have issued their
formal recommendation regarding the offer."
ENDS