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Iron Mountain Mining Ltd Announces Off Market Takeover Bid For Red River Resources Limited


Wednesday, 5 Jun 2013 10:06pm EDT 

Iron Mountain Mining Ltd announced that it has determined to make an off market bid for all shares and options in Red River Resources Limited (Red River). Shareholders of Red River will be offered 1.5 cents for every one share held in Red River plus one fully paid share in Iron Mountain for every six shares held in Red River. Iron Mountain is in the process of preparing a formal Bidders Statement and will lodge that document with the Australian Securities Exchange and Australian Securities and Investments Commission shortly. 

Company Quote

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21 Nov 2014