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
