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MINERAL RESOURCES LIMITED M&A Activity 2023

Feb 9, 2023

65337_rns_2023-02-09_9a16ff2f-95e2-4ff2-8c8d-60de5225a554.pdf

M&A Activity

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Notice on status of Condition


To: ASX Limited

Norwest Energy NL ABN 65 078 301 505 (Norwest)

Mineral Resources Limited ABN 33 118 549 910 ( MinRes ) has made offers under an off-market takeover bid for all of the fully paid ordinary shares in Norwest contained in its bidder’s statement dated 16 December 2022 ( Bidder’s Statement ) ( Offer ). Capitalised terms in this notice have the same meaning given in the Bidder’s Statement unless the context requires otherwise.

For the purposes of section 630(3) of the Corporations Act 2001 (Cth) ( Corporations Act ), MinRes gives notice that, as at the date of this notice:

  • (a) the Offer is free from the condition set out in section 12.9 of the Bidder’s Statement ( Condition (and has been since the notice given by MinRes pursuant to section 650F of the Corporations Act on 25 January 2023) and, as a result, the Offer is wholly unconditional;

  • (b) as at the date of this notice, MinRes’ voting power in Norwest is 31.58%.

Date: 10 February 2023

Signed for and on behalf of Mineral Resources Limited .

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Christopher Ellison Managing Director Mineral Resources Limited

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