AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Sign up Log in

EMERALD RESOURCES NL M&A Activity 2013

Sep 30, 2013

64849_rns_2013-09-30_102e52d3-9a96-4d53-ac84-46853adac9df.pdf

M&A Activity

Open in viewer

Opens in your device viewer

==> picture [184 x 60] intentionally omitted <==

Ground Floor, 20 Kings Park Rd West Perth WA 6005 Ph: +618 9389 2111 Fax: +618 9389 2999 Email: [email protected] www.emeraldoilandgas.com

1 October 2013

The Manager ASX Limited Exchange Plaza Level 8, 2 The Esplanade PERTH WA 6000

Dear Sir,

RECEIPT OF TAKEOVER OFFER – EMERALD OIL AND GAS NL (EMR)

Emerald Oil & Gas NL (Emerald or the Company) wishes to advise the market that a proposal for an all cash proportional off-market takeover offer (the Offer) to acquire 30% of the fully paid ordinary shares in the capital of Emerald has been received by the Company.

The Offer has been made by Confederate Capital Pty Ltd.

Confederate is proposing to offer Emerald shareholders 1.4 cents for each Emerald Share held by Emerald shareholders.

The board of Emerald is referring it to independent adviser for an opinion on the merits of the Offer, given the existing Ochre Group Holdings Limited merger proposal with Emerald, and shareholders should await that advice.