BOM 0.00% 7.7¢ bondi mining limited

re: Ann: Creating a Tier One Mineral Sands Co... Hope so...

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    re: Ann: Creating a Tier One Mineral Sands Co... Hope so cyclopes - been a long wait. The Board is very smart with CHZ being an analogy of what is possible in the long term with exploration success.

    Sydney - Monday - August 29: (RWE Australian Business News) -
    Bondi Mining (ASX:BOM) is to merge with unlisted World Titanium
    Resources of Madagascar by way of a Scheme of Arrangement offering 3.5
    shares (following a 4-for-1 consolidation) for each WTR share.
    A total of $3 million is to be raised by way of a prospectus
    enabling re-compliance with ASX listing rules and non-African assets
    will be spun out into a separate company.
 
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Currently unlisted public company.

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