May 12 (Reuters) - Wyloo Metals: AS AT CLOSE OF TRADING ON 12...

May 12 (Reuters) - Wyloo Metals:

• AS AT CLOSE OF TRADING ON 12 MAY WYLOO HAS ACQUIRED AN INTEREST AND VOTING POWER IN 69.32% OF MINCOR
• MINCOR'S SECOND LARGEST SHAREHOLDER, IGO LIMITED, ACCEPTED OFFER IN RESPECT OF ITS 6.95% INTEREST IN MINCOR
• MINCOR SHAREHOLDERS ARE ENCOURAGED TO ACCEPT OFFER WITHOUT FURTHER DELAY
• WYLOO NOTES MINCOR DIRECTORS CONTINUE TO UNANIMOUSLY RECOMMEND THAT MINCOR SHAREHOLDERS ACCEPT OFFER, IN ABSENCE OF SUPERIOR PROPOSAL