18th Nov 2009 09:42
RNS Number : 6853C
Allied Gold Limited
18 November 2009
For immediate release 18 November 2009
ALLIED GOLD LIMITED
("ALLIED" OR "THE COMPANY")
Off-market takeover bid for Australian Solomons Gold Limited
Allied Gold Limited (Allied Gold) advises, in relation to its off-market takeover bid for Australian Solomons Gold Limited (ASG), that as at 17 November 2009:
·; it has received acceptances for 71,378,403 ASG shares, representing 55.00% of ASG's issued shares (50.69% on a fully diluted basis); and
·; it has taken ownership of 64,604,213 ASG shares, representing 49.78% of ASG's issued shares.
Pursuant to the terms of the takeover offers, acceptances in respect of ASG shares in which Allied Gold has not taken ownership may be withdrawn at any time before 23 November 2009, or such later date set by Allied Gold in accordance with the terms of Allied Gold's Bidder's Statement / Offer and Circular, including in particular sections 3, 6 and 8 of the Offer.
For more information:
|
Mark Caruso Executive Chairman |
T:+61 8 93533638 |
|
Roland Cornish Beaumont Cornish Limited |
T: +44 (0) 20 7628 3396 |
This information is provided by RNS
The company news service from the London Stock Exchange
Related Shares:
ALD.L