FSE 0.00% 0.5¢ fuse minerals limited

I suspect it looks like the trading halt will be withdrawn at...

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  1. 152 Posts.
    I suspect it looks like the trading halt will be withdrawn at open tomorrow!

    Below is some further information about the offer by a major shareholder, who!!

    I would view an offer by someone who wants FSE as a great sign, it may not be over the line at the moment but surely provides some confidence about the scale of the investment in the market place. The fisrt offer is generally not accepted, it will be interesting how this unfolds!

    I am quite interested to see where this goes!

    Below further information found:

    http://www.sharenet.co.za/v3/sens_display.php?tdate=20101004122501&seq=1165

    Fse - Firestone Energy Limited - Offer To Major Shareholder, Withdrawal Of

    Release Date: 04/10/2010 12:25:01 Code(s): FSE
    FSE - Firestone Energy Limited - Offer to Major Shareholder, withdrawal of
    cautionary and lifting of trade halt
    FIRESTONE ENERGY LIMITED
    (formerly: Centralian Minerals Limited)
    (Incorporated in Australia)
    (Registration number ABN 058 436 794)
    Share code on the JSE Limited: FSE
    Share code on the ASX: FSE
    ISIN: AU000000FSE6
    (SA company registration number 2008/023973/10)
    ("FSE" or "the Company")
    Offer to Major Shareholder, withdrawal of cautionary and lifting of trade
    halt
    Offer to major shareholder
    Firestone Energy Limited has been informed by a major shareholder that they
    were in receipt of a written offer by a third party to acquire a significant
    portion of their shareholding in the Company. Firestone was also informed
    that this offer has since been rejected by the major shareholder.
    Further information can be obtained by contacting the persons below on +61
    (08) 9381-2755.
    John Dreyer Jerry Monzu Chairman Company Secretary
    www.firestoneenergy.com.au
    Withdrawal of cautionary and lifting of trade halt
    With reference to the cautionary announcement and trading halt published on
    SENS on 01 October 2010 shareholders are advised that trading will resume in
    the securities of the Company at the commencement of trade on 5th October
    2010 and Shareholders are advised that the contents referred to in the
    cautionary announcement have ceased to have any relevance or effect on the
    company, caution is no longer required to be exercised by shareholders when
    dealing in their securities.
    About Firestone Energy
    Firestone Energy is an independent Australian exploration company focused on
    developing coal projects in South Africa. The company is currently exploring
    the richly endowed Waterberg coal field in Limpopo Province of South Africa.
    The Company is committed to value-added growth through becoming an
    independent coal and energy produces at its projects in South Africa.
    The Company has entered into three joint ventures with Sekoko Resources, a
    South African black empowerment company (BEE) and Sekoko has two directors on
    the Board of Firestone Energy.
    Corporate Details
    ASX: FSE
    Issued Capital:
    2,331 million ordinary shares
    Major Sharholders:
    Sekoko Resources (Pty) Ltd
    Colbern Fiduciary Nominees Ltd
    Bell Potter Nominees Ltd
    Directors and Officers:
    John Dreyer (Chairman)
    Timothy Tebeila (Deputy Chairman)
    Colin McIntyre
    John Wallington
    Company Secretary
    Jerry Monzu
    Contact:
    Level1, 63 Hay Street Subiaco, Western Australia 6008
    Tel: +61 (0)8 9381 2755
    Web: www.firestoneenergy.com.au
    Pretoria
    04 October 2010
    Sponsor and Corporate Advisor
    River Group
    Date: 04/10/2010 12:25:01 Supplied by www.sharenet.co.za
    Produced by the JSE SENS Department .
    The SENS service is an information dissemination service administered by the
    JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
    implicitly, represent, warrant or in any way guarantee the truth, accuracy or
    completeness of the information published on SENS. The JSE, their officers,
    employees and agents accept no liability for (or in respect of) any direct,
    indirect, incidental or consequential loss or damage of any kind or nature,
    howsoever arising, from the use of SENS or the use of, or reliance on,
    information disseminated through SENS.
 
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