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Emerald Resources NL (EMR.AX)

EMR.AX on Australia Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Emerald Resources says 90% threshold achieved for Renaissance takeover
Friday, 23 Sep 2016 05:46am EDT 

Emerald Resources NL : 90% threshold achieved for renaissance takeover . Emerald can now proceed to compulsorily acquire any renaissance shares not accepted into emerald's off-market takeover bid .  Full Article

Renaissance Minerals says Emerald Resources and Renaissance Minerals to merge
Monday, 18 Jul 2016 11:26pm EDT 

Renaissance Minerals Ltd : Emerald resources and Renaissance Minerals to merge . Says Emerald will acquire all shares in Renaissance by offering 1.55 new emerald shares for every 1 Renaissance share . Says Simon Lee Ao, chairman of Emerald, will remain as chairman of the board of the combined group . Merged entity will have a pro-forma market capitalisation of approximately A$95 million and approximately A$20 million of cash . Offer values Renaissance at approximately A$40 million or 7.0 cents per share .  Full Article

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