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Focus Minerals Ltd Announces Takeover Of Remaining Focus Minerals (Laverton) Ltd Shares

Wednesday, 24 Apr 2013 04:06am EDT 

Focus Minerals Ltd (FML) announced the issue of 300,694,977 FML ordinary fully paid shares as consideration for the securities being acquired under a Chapter 6 takeover of Focus Minerals (Laverton) Ltd as per the Bidder’s Statement dated March 19, 2013. This takes FML ownership of Focus Minerals (Laverton) Ltd to 99.185% (from 81.57%). FML will now commence the compulsory acquisition process under the Corporations Act to acquire all outstanding shares it has not acquired under the Offer. 

Company Quote

30 Jan 2015