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Iluka Resources updates on SRL merger

Tuesday, 6 Dec 2016 05:33pm EST

Iluka Resources Ltd : Iluka carried out technical due diligence in relation to srl operations, including srl's tailings dam facilities . Independent geotechnical consultant confirmed that risk of immediate failure of dams is low . Iluka and SRL have agreed that all of conditions precedent to merger have now been satisfied and merger is now expected to become effective .SRL merger update.

Sierra Rutile says Iluka to proceed with merger

Tuesday, 6 Dec 2016 07:56am EST

Sierra Rutile Ltd : Merger update . Since Nov. 29, SRL and Iluka have been in discussions on how to proceed with closing of merger which was expected to become effective on Nov. 29 2016 . SRL and Iluka have agreed that all conditions precedent to merger have been satisfied . Merger is now expected to become effective and closing is expected to occur on Dec. 7 2016 .Says suspension is expected to occur at 7.30 a.m. on Dec. 7 2016 and cancellation is expected to become effective at 7.00 a.m. on Dec. 8 2016.

L'sea Resources International updates on termination of MOU, applies for trading resumption

Tuesday, 6 Dec 2016 05:43am EST

L'sea Resources International Holdings Ltd <0195.HK>: Parties to memorandum of understanding ceased negotiations regarding possible subscription . Designated proposed subscriber decided not to proceed with possible subscription . "memorandum of understanding lapsed and is of no further effect" . Application has been made by company to stock exchange for resumption of trading in shares on 7 dec .refers to announcement dated 29 april 2015 in relation mou entered into between co and initial proposed subscriber.

Assore Ltd announces CEO retirement

Tuesday, 6 Dec 2016 04:05am EST

Assore Ltd : Retirement Of Chief Executive Officer . Appointment of Mr Charles Edwards Walters as chief executive officer of company with effect from 1 July 2017 . Chris Cory, chief executive officer of company, will retire on 30 June 2017 .Edwards will join Assore on 1 April 2017 as CEO designate.


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