RNS Number:0824L
Consolidated Minerals Limited
04 January 2008




4 January 2008




Consolidated Minerals Limited (ASX:CSM, AIM:CNM, FSE:CMN) advises that Palmary
Enterprises (Australia) Pty Limited ("Palmary") has announced that it will not
extend the Offer Period in respect of its off-market takeover offer for CSM.


The Offer will close at 7.00pm (Melbourne time) on 8 January 2008.


As at 7.00pm on 3 January 2008, Palmary has a relevant interest of 90.09% in the
issued ordinary shares of CSM.


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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