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Rum Jungle Resources Ltd Announces That Offer For Central Australian Phosphate Ltd Will Not Proceed If Monument Joint Venture Is Approved

Thursday, 30 May 2013 07:56pm EDT 

Rum Jungle Resources Ltd referred to its announcement of May 24, 2013, about its Offer for Central Australian Phosphate Ltd. RUM announced that its Offer for CEN will lapse due to breaches of its offer conditions if: the resolution to approve entry into the joint venture with Monument Mining Limited (Monument) is passed at the CEN general meeting scheduled to be held on June 26, 2013; and RUM has not declared its Offer unconditional before that time. RUM confirms that it will declare its Offer unconditional if: (a) it receives acceptances representing 50% of the CEN shares on issue by no later than 7pm (Melbourne time) June 19, 2013; and (b) there are no breaches of any conditions of the Offer before that time (other than those breaches known to RUM referred to in its announcement of May 24, 2013). 

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0.0090 +10.59%
19 Aug 2014