AI assistant
TESORO GOLD LTD — M&A Activity 2013
Nov 24, 2013
65957_rns_2013-11-24_5ce5195d-5916-406b-a790-8c307276831c.pdf
M&A Activity
Open in viewerOpens in your device viewer
CONTINUATION INVESTMENTS LIMITED
25 November 2013
Manager of Company Announcements ASX Limited Level 8 Exchange Plaza 2 The Esplanade PERTH WA 6000
By E-Lodgement
INITIAL ADVICE TO SHAREHOLDERS IN RESPONSE TO TAKEOVER OFFER BY DMX CORPORATION
DMX Corporation Limited (ASX: DMX) has today announced to the market that it intends to make an unsolicited and conditional off-market takeover bid to acquire 100% of the ordinary shares in Continuation Investments Limited (ASX: COT). DMX will offer 7.2 cents in cash per COT share.
The Continuation Investments Limited Board was only advised of the intention of DMX Corporation today, 25 November 2013.
The bidders statement has also been received today. The Directors will review the offer document and provide shareholders further advice in due course.
Meanwhile, shareholders are advised to TAKE NO ACTION in relation to DMX Corporation’s offer.
The Directors will keep shareholders fully informed of further developments as they occur and will provide a formal recommendation on the bid, providing shareholders ample time to make an informed decision.
Yours Sincerely
==> picture [86 x 49] intentionally omitted <==
Jeremy King Director
______________ Continuation Investments Limited 945 Wellington Street WEST PERTH WA 6005 ABN 91 106 854 175 phone: (08) 9322 7600 fax: (08) 9322 7602 email: [email protected]