Update Compulsory Acquisition - CEN
Perth, Nov 25, 2013 AEST (ABN Newswire) - Rum Jungle Resources Limited (
ASX:RUM) (Rum Jungle Resources) made an off-market takeover bid for all the ordinary shares in Central Australian Phosphate Limited (Central Australian Phosphate). The takeover bid will close at 7.00pm (Sydney time) on 6 December 2013.
Rum Jungle Resources has a relevant interest of more than 90% in Central Australian Phosphate and it intends to proceed to compulsorily acquire all of the outstanding shares in Central Australian Phosphate in accordance with the Corporations Act 2001 (Cth) (the Act).
Enclosed is an ASIC Form 6021 (notice) and accompanying cover letter to be sent to remaining Central Australian Phosphate shareholders in accordance with the Act.
The notice was lodged with the Australian Securities and Investments Commission today and will be sent to remaining Central Australian Phosphate shareholders today.
To view the enclosure, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-RUM-398629.pdf
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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