March 20 (Reuters) - Ramelius Resources Ltd (RMS) :
- MAKES RECOMMENDED TAKEOVER OFFER FOR BREAKER RESOURCES
- RAMELIUS WILL OFFER TO ACQUIRE ALL ISSUED ORDINARY SHARES OF BREAKER BY WAY OF ALL-SCRIP OFF-MARKET TAKEOVER OFFER
- BREAKER SHAREHOLDERS TO RECEIVE AN IMPLIED OFFER PRICE OF A$0.403 PER SHARE
- DEAL IMPLIES A TOTAL UNDILUTED EQUITY VALUE FOR BREAKER OF APPROXIMATELY A$130.7 MILLION