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 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 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 : 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.