Equity-1 Ltd takeover bid for Admiralty Resources NL Update
Document date: Fri 28 Jun 2002 Published: Fri 28 Jun 2002 16:46:48
Document No:
147229 Document part: A
Market Flag: N
Classification: Takeover - Other
ADMIRALTY RESOURCES NL 2002-06-28 ASX-SIGNAL-G
HOMEX - Brisbane
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Equity-1 Ltd wish to inform the market as to the status of it's take
over bid of 51% of the Issued Capital of Admiralty Resources NL at an
offer price of 6.7 cents a share (the bid).
Under the terms of the bid, the offer relating to the ordinary shares
in the company closes at 5pm Sydney time on Friday 28th June 2002.
The acceptance and the shareholding of Equity-1 Resources Ltd stood
at 41.85% of the as Issued Capital of Admiralty Resources NL as at
27th June 2002.
As previously stated the offer closes at 5pm Sydney time on Friday
28th June 2002. Equity-1 will inform the market on Monday as to the
status of the bid.
F Belli
Equity-1 Limited ceased to be a substantial shareholder in Admiralty
Resources NL on 27/06/2002.
Gruß Pichel