|Aztec Directors Recommend Shareholders Reject Mount Gibson TOB |
Australian Aztec Resources Limited announced September 8 that its Directors has unanimously resolved a recommendation that shareholders reject the takeover bid made by Mount Gibson Iron Limited for Aztec shareholders. |
Aztec added that it will shortly send out its Target's Statement which contains Aztec's detailed response to the Mount Gibson Offer including the reasons for the Board recommendation above.
Aztec has it that the significant progress Aztec is making on the Koolan Island Project is building value for all shareholders. The Aztec Board urges shareholders to continue to support Aztec management as it works to bring the Koolan Island Project into production for the benefit of all Aztec shareholders.
|last modified : Fri 15 Sep, 2006 [10:43]|