Troy Resources is pleased to advise that it has completed the compulsory acquisition of all outstanding shares in Azimuth Resources Limited following its successful off-market takeover offer. Troy now holds 100% of the shares in Azimuth. Former Azimuth shareholders, whose shares were acquired under the compulsory acquisition process, will be posted [...]
Troy Resources is pleased to advise that as at close of trading on the ASX on 10 July 2013, Troy's relevant interest in Azimuth Resources was 93.97%. Troy will now proceed to acquire the remaining Azimuth shares under the compulsory acquisition provisions of the Corporations Act 2001 (Cth) (Corporations Act).
Azimuth Resources hereby advises that following the issue of shares and/or unlisted options by Troy Resources Limited as consideration for the unlisted options of Azimuth in accordance with an Options Exchange Deed entered into with each Azimuth Optionholder, the Company has today cancelled all outstanding unlisted options.The issued capital of
Azimuth Resources is pleased to announce that gold producer Troy Resources Limited has declared its takeover offer of Azimuth free from all conditions. As at 2.00pm (Sydney time) on 2 July 2013, Troy's voting power (plus acceptance instructions under the Institutional Acceptance Facility) was 78.23%. As the offer has now been declared [...]
Gold producer Troy Resources is pleased to announce that it has declared its takeover offer for the shares in Azimuth Resources free from all conditions. As at 2.00pm (Sydney time) on 2 July 2013, Troy's voting power (plus acceptance instructions under the Institutional Acceptance Facility) was 78.23%. As the offer has now been declared [...]
Azimuth advises that it has received a Notice of Variation under subsection 650D(1) of the Corporations Act (Act) from Troy Resources. The Notice of Variation informs Azimuth that Troy: - Varies its takeover offer, contained in its bidder's statement dated 9 May 2013 as supplementedby a supplementary bidder's statement
Since the Troy offer was announced, feedback from Azimuth shareholders and the market has been overwhelmingly positive. We have now received acceptances from more than 1,660 shareholders holding 68.72% of the shares in Azimuth (this comprises direct acceptances and shares lodged into the Institutional Acceptance Facility, including the acceptances [...]
Azimuth advises that Troy has today advised that the aggregate of: a) the number of Azimuth ordinary shares the subject of acceptance instructions (in the form of acceptance forms and/or directions to custodians to accept the Troy offer) that have been received in the IAF as at 7.00pm (Sydney time) yesterday; and b) the number of Azimuth shares in [...]
The following corrects and replaces the release sent on June 6, 2013. The final paragraph, first sentence has been changed to read "the Australian Securities and Investments Commission (ASIC)" instead of the Australian Securities Commission.
Dear Azimuth Shareholder, We are pleased to advise you that as at the close of business on 6 June 2013, acceptances of Troy Resources Limited's takeover offer for Azimuth Resources Limited stood at 37.99%, comprising direct acceptances and shares lodged into the Institutional Acceptance Facility. This includes those shares held by Azimuth's largest [...]
Azimuth Resources advises that it has received a Notice of Variation under subsection 650D(1) of the Corporations Act (Act) from Troy Resources Limited (Troy). The Notice of Variation informs Azimuth that Troy: Varies its takeover offer, contained in its bidder's statement dates 9 May 2013 as supplemented by a supplementary bidder's statement dated [...]
Troy Resources and Azimuth Resources are pleased to announce that Troy has established an institutional acceptance facility open to professional investors (as defined in section 9 of the Corporations Act 2001 (Cth) (Corporations Act)) and wholesale clients (as defined in section 761G of the Corporations Act) (Eligible Azimuth Shareholders) in order [...]