Meridian receives confidential, non-binding, indicative and incomplete
takeover expression of interest from Northwest
Highlights:
?h Northwest has made a confidential, non-binding, indicative and incomplete
expression of interest to make a takeover bid for Meridian (??Expression of Interest??);
?h Under the Expression of Interest Northwest has informally proposed a price of $0.14
per share (??Proposed Price??);
?h Confidential discussions between Meridian and Northwest in relation to the
Proposed Price are continuing but an agreement has not yet been reached;
?h Meridian has terminated the proposed sale of the Lennard Shelf Project under the
non-binding HoA; and
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