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ARGENT MINERALS LIMITED — M&A Activity 2011
Feb 3, 2011
64417_rns_2011-02-03_b22375e3-7587-4e78-b83e-2c4846d3f906.pdf
M&A Activity
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4 February 2011
ASX: USN
Australian Securities Exchange Level 8 Exchange Plaza 2 The Esplanade PERTH WA 6000 Fax: 08 9221 2020
Dear Sir/Madam,
US Nickel Limited Takeover Bid Confirmation
US Nickel Limited wishes to advise that it will not be proceeding with the proposed takeover bid for Argent Minerals Limited as announced on 23 November 2010 as a result of breach of proposed bid conditions.
As announced on 9 December 2010, US Nickel Limited and Argent have agreed to a series of transactions involving, amongst other things, the sale of the Bullant Gold Project to US Nickel Limited. The US Nickel Limited notice of meeting and explanatory memorandum seeking the necessary shareholder approvals will be despatched to shareholders shortly.
Yours faithfully
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__________________ Maurice Catina Company Secretary
US NICKEL LIMITED
Suite 1, 346 Barker Road, Subiaco WA 6008 | PO Box 846, Subiaco WA 6904 Telephone: (618) 6382 7200 | Fax: (618) 6382 3777 ACN: 091 009 559 | ABN: 44 091 009 559 | Email: [email protected] | Website: www.usnickel.com.au