Mineral Resources Limited (ASX: MIN; MRL) refers to its announcement dated 18 June 2018 noting the offer to be made by Redstone Corporation Pty Ltd to acquire all of the ordinary shares of Atlas Iron Limited (Atlas) at a price of 4.2¢ cash per Atlas share (Redstone Offer) and the announcement by Atlas of 19 June 2018 in relation to MRL’s scheme proposal for Atlas.
MRL has determined that it will not make a counter-proposal to the Redstone Offer.
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