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Norton Gold Fields Ltd Announces End of Offer Period in Relation to the Takeover Bid by Zijin Mining Group Co Ltd's Subsidiary


Tuesday, 21 Aug 2012 12:08am EDT 

Norton Gold Fields Limited (Norton) announced that off-market takeover offer by Jinyu (H.K.) International Mining Company Limited (Jinyu), a wholly-owned subsidiary of Zijin Mining Group Co Ltd (Zijin), closed on August 20, 2012. As at the close of the offer, the Zijin group has acquired a relevant interest in approximately 89.15% of Norton shares (including the 16.98% interest owned by Zijin before the order) as a result of acceptances of the offer. Zijin's relevant interest is below the 90% level that would entitle it to proceed to compulsory acquisition of the remaining ordinary shares in Norton. 

Company Quote

0.235
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23 Jul 2014