EXU explaurum limited
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News: EXU Ramelius Resources Updates On Explaurum Takeover

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    28/11/18
    20:10
    Post #: 36677125

    Nov 28 (Reuters) - Ramelius Resources Ltd (RMS) :

    • UPDATES ON EXPLAURUM TAKEOVER
    • RAMELIUS HAS DECIDED NOT TO PROCEED WITH ITS INDICATIVE, NON-BINDING AND INCOMPLETE PROPOSAL
    • ADVISES THAT IF ALKANE TRANSACTION COMPLETES, IT WILL SEEK ASIC APPROVAL TO WITHDRAW BID BEFORE IT LAPSES ON 21 DECEMBER
    • CONFIRMS HAS NOT WAIVED ANY OF DEFEATING CONDITIONS, INCLUDING THOSE WHICH MAY BE TRIGGERED IN CONNECTION WITH ALKANE TRANSACTION
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