7th Nov 2005 08:30
Crosby Capital Partners Inc07 November 2005 7 November 2005 CROSBY CAPITAL PARTNERS INC. ("Crosby" or the "Company") Interest in Lodore Resources Inc. ("Lodore") Further to the Company's announcement dated 30 June 2005, the Board of Directorsis pleased to announce that Crosby's 100% owned subsidiary Sunov Crosby(Holdings) Limited ("Sunov") has unconditionally accepted the offer made byJASDAQ listed IB Daiwa Corp. ("IBD") of Japan (Bloomberg: 3587) to acquire 100%of the shares of Lodore (the "Offer") in respect of its 35.53% interest in theissued share capital of Lodore. Following the acceptance by Sunov, the Offer has become unconditional as toacceptances, as IBD has now received acceptances from shareholders who own over51% of the issued share capital of Lodore. Crosby will make further announcements as and when considered appropriate ornecessary in respect of any material developments regarding the Offer. For further information on Crosby please contact: Simon Fry, Chief Executive Officer +44 (0)20 7590 2800Andy Berry, Fishburn Hedges +44 (0)20 7839 4321 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
ZOL.L