Takeover Bid by Conquest Mining Limited ("Conquest") in
relation to North Queensland Metals Limited
To All NQM Shareholders
5 REASONS TO
ACCEPT CONQUEST'S OFFER and tell Heemskirk where to GO.
1. Heemskirk is only offering their worthless illiquid paper and NO CASHOLA
2. The financial positions of Heemskirk and Conquest are quite different. Conquest
currently has $56.1 million cash and no debt, and Heemskirk has BUGGER ALL.
3. Heemskirk Directors are prepared to blow out their own shareholders issued capital by 150%. Imagine what theyll do to you NQM guys when they get their mitts onto you.
4. Heemskirk Directors had a profit sharing arrangement until the Conquest bid exposed them for the money grabbing blood suckers that they really are. Can you trust them being your directors?
5. Heemskirks offer is subject to a 90% minimum acceptance. They made that offer after Conquest announced it had secured 20.9% holding in NQM, therefore they have affectively made a offer that could never be fulfilled. Again, can you trust these people.
Yours faithfully
Groucho Boy
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- to all nqm shareholders 5 reasons to
to all nqm shareholders 5 reasons to
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