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GWR GROUP LIMITED M&A Activity 2008

Feb 12, 2008

65031_rns_2008-02-12_79186f13-de6c-471c-94a7-26c6cecda47b.pdf

M&A Activity

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13 February 2008

ASX ANNOUNCEMENT

Corporate Summary
ASX Code:GWR
Issued Capital:109.5 Mil
Issued Options:23.6 Mil
Market Cap fully diluted
Feb-08$A148.0 Mil
Contact Details
6/136 Main Street
OSBORNE PARK
Western Australia 6017
Tel:+61 8 92019202
Fax:+61 8 92019203

[email protected] www.goldenwestresources.com Enquiries: Gary Hutchinson Managing Director Mick Wilson Exploration Manager / Director Peter Thompson Director General Manager, Operations

TAKEOVERS PANEL ================= Golden West Resources Limited (Golden West) advises that the Takeovers Panel has declined to make a declaration of unacceptable circumstances in relation to two applications lodged by the Company and shareholder Falak Holding LLC (Golden West Limited 03 and Golden West Limited 04 respectively).

These applications sought to overturn Falak Holding’s unintended acceptance of the takeover offer from Fairstar Resources Limited. Golden West has considered the decision and advises it intends to seek a formal review of the Panel’s finding.

Golden West will provide further information on this matter in due Golden West will provide further information on this matter in due
course.
ENDS
For more information, please contact:
Michael Minosora Paul Downie
Azure Capital Porter Novelli
(08) 6263 0888 (08) 9386 1233
0414 947 129

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