Oct 26 (Reuters) - Azure Minerals Ltd (AZS) : BINDING...

Oct 26 (Reuters) - Azure Minerals Ltd (AZS) :

• BINDING TRANSACTION IMPLEMENTATION DEED WITH SQM
• ENTERED INTO A BINDING TRANSACTION IMPLEMENTATION DEED ("TID") WITH SQM AUSTRALIA PTY LTD
• SCHEME CONSIDERATION OF A$3.52 PER AZURE SHARE
• DEAL FOR A CASH AMOUNT OF A$3.50 PER AZURE SHARE
• AZURE BOARD UNANIMOUSLY RECOMMENDS TRANSACTION IN ABSENCE OF A SUPERIOR PROPOSAL
• AZURE'S MAJOR SHAREHOLDERS, DELPHI GROUP, INTENDS TO SUPPORT TRANSACTION, SUBJECT TO NO SUPERIOR PROPOSAL EMERGING.
• AZURE BOARD UNANIMOUSLY RECOMMENDS TRANSACTION IN ABSENCE OF A SUPERIOR PROPOSAL
• SCHEME CONSIDERATION IMPLIES A FULLY-DILUTED EQUITY VALUE FOR AZURE OF A$1.63 BILLION