News: EXU Ramelius Resources Announces Improved, Best & Final Takeover Offer For Explaurum

Dec 13 (Reuters) - Ramelius Resources Ltd (RMS) :

• ANNOUNCES IMPROVED, BEST AND FINAL TAKEOVER OFFER FOR EXPLAURUM LIMITED
• BEST AND FINAL TOTAL CONSIDERATION $0.134 PER SHARE
• OFFERS TO PROVIDE A FINANCE FACILITY TO EXPLAURUM TO ENSURE SOLVENCY DURING BID PROCESS
• TO IMPROVE CURRENT SCRIP OFFER BY $0.02 CASH/SHARE IN ADDITION TO EXISTING CONSIDERATION OF 1 RAMELIUS SHARE PER 4 EXPLAURUM SHARE
• MAJOR EXPLAURUM SHAREHOLDERS REPRESENTING ABOUT 14.3% OF EXPLAURUM INTEND TO ACCEPT IMPROVED OFFER AND VOTE AGAINST ALKANE TRANSACTION

Source text (http//reut.rs/2QQNm8W)

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