Palmary 3rd bidder statement
December 24 2007 - 2:00AM
UK Regulatory
RNS Number:5916K
Consolidated Minerals Limited
24 December 2007
24 December 2007
Consolidated Minerals Limited (ASX:CSM, AIM:CNM, FSE:CMN) advises that Palmary
Enterprises (Australia) Pty Limited ("Palmary") has lodged a Third Bidder's
Statement in respect of its off-market takeover offer for CSM.
The Bidder's Statement advises of the extended offer period (to 1 January 2008)
and provides an update with respect to Palmary's intentions. The right of
noteholders to convert at the favourable Adjusted Conversion Price of $2.18 per
share until 12 February 2008, notwithstanding the close of the offer period on 1
January 2008 (unless extended), is also noted.
A copy of the announcement is available on the ASX website www.asx.com.au
John Abbott
Company Secretary
The Company's nominated adviser is RFC Corporate Finance Ltd - contact
Stephen Allen +61 8 9480 2507.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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