With over 3.8Moz of Mineral Resource, Focus Minerals Limited (ASX:FML) has a highly strategic portfolio of assets across Australia's two leading gold producing districts – the Kalgoorlie/Coolgardie belt and Laverton – and the financial muscle to continue to unlock further potential for growth.
Focus Minerals Limited (ASX:FML) has extended its takeover Offer for Crescent Gold Limited (ASX:CRE) by one week, to end at 7.00pm (Sydney time) on Wednesday, 5 October 2011.
Focus Minerals Limited (ASX:FML) has extended its Offer for Crescent Gold Limited (ASX:CRE) (TSE:CRA) to close at 7.00pm (Sydney time) on 28 September 2011 (unless further extended). The Offer consideration is 1 Focus share for every 1.18 Crescent Shares. On 18 August 2011 the Offer was declared unconditional.
Focus Minerals Limited (ASX:FML) is pleased to release a very positive analyst report from Eagle Research.
Focus Minerals Limited (ASX:FML) is pleased to announce its inclusion in the S&P/ASX 300 Index. This will take effect after the close of trading on September 16, 2011.
Focus Minerals Limited (ASX:FML), an Australian gold producer, has launched an iPad application on the Apple iTunes store enabling existing and prospective investors to explore its operations through the touch screen tablet.
Focus Minerals Limited (ASX:FML) is pleased to announce that it has increased its relevant interest in Crescent Gold Limited (ASX:CRE) to 77.8% (as at 31 August 2011). Focus, at its election, can further increase to 83.2% through the conversion of debt owed by Crescent to Focus (assuming full draw down of up to $13m loans, a $0.05 conversion price and exercise of all attaching $0.05 options).
Focus Minerals Limited (ASX:FML) notes that the Takeovers Panel has declined to conduct proceedings in respect of an application in relation to approval given by shareholders of Crescent Gold Limited (ASX:CRE) (TSE:CRA) on August 18, 2011 for the conversion of up to $13 million of loans by Focus to Crescent.
Focus Minerals Limited (ASX:FML), an Australian gold producer, has declared its recommended off-market takeover Offer for Crescent Gold Limited (ASX:CRE) (TSE:CRA) free of all defeating conditions. This means that the Offer is now wholly unconditional.
Focus Minerals Limited (ASX:FML) is pleased to announce its relevant interest in Crescent Gold Limited (ASX:CRE) (TSE:CRA) has increased to 62.12% after receiving acceptances from Deutsche Bank for its remaining holding in Crescent.
Focus Minerals Limited (ASX:FML) is pleased to announce it has received acceptances for its takeover representing a majority of the issued shares of Crescent Gold Limited (ASX:CRE) (TSE:CRA). Focus' relevant interest in Crescent has increased to 51.32%, which now places Focus in a very strong position with the prospect of a rival offer emerging considered very low.
