Offer Will Not Proceed If The Monument Joint Venture is Approved
Perth, May 31, 2013 AEST (ABN Newswire) - Rum Jungle Resources Limited (
ASX:RUM) refers to its announcement of 24 May 2013 about its Offer for Central Australian Phosphate Limited (ASX:CEN).
RUM announces that its Offer for CEN will lapse due to breaches of its offer conditions if:
- the resolution to approve entry into the joint venture with Monument Mining Limited ("Monument") is passed at the CEN general meeting scheduled to be held on Wednesday, 26 June 2013; and
- RUM has not declared its Offer unconditional before that time.
RUM confirms that it will declare its Offer unconditional if: (a) it receives acceptances representing 50% of the CEN shares on issue by no later than 7pm (Melbourne time) Wednesday 19 June 2013; and (b) there are no breaches of any conditions of the Offer before that time (other than those breaches known to RUM referred to in its announcement of 24 May 2013).
If CEN shareholders have misplaced their Acceptance Forms or have any other questions relating to the Offer, please contact the Offer Information Line: 1800 810 891 (within Australia) or +61 2 8256 3353 (outside Australia).
About Verdant Minerals Ltd
Verdant Minerals Ltd's (ASX:VRM) strategic intent is to create shareholder value through the discovery, development and operation of fertiliser and industrial mineral projects, located in close proximity to existing transport infrastructure, with a primary focus on the Northern Territory of Australia.
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