TSX, ASX: AVM
Common shares outstanding 158 Million
All amounts are expressed in US dollars, unless otherwise stated.
PERTH, Australia, Nov. 23, 2011 /CNW Telbec/ - Anvil Mining Limited (TSX, ASX: AVM) ("Anvil" or the "Company"). Reference is made to the offer by MMG Malachite Limited (the "Offeror"), a wholly owned indirect subsidiary of Minmetals Resources Limited ("MMR") to purchase all of the Common Shares of Anvil on a fully-diluted
basis (including those Common Shares that are subject to CHESS
Depository Interests) at a purchase price of C$8.00 per share in cash
(the "Offer") which formally commenced on October 19, 2011 (Toronto time).
The Offeror has extended the Offer, from 8:00 pm (Toronto time) on
November 24, 2011, until 8:00 p.m. (Toronto time) on December 9, 2011,
unless the Offer is further extended or withdrawn. By virtue of this
extension, the "CDI Expiry Time" as defined in the Offer and Offer
documents, has been automatically extended to 7:00 p.m. (Sydney time)
on December 7, 2011, unless the Offer is further extended or withdrawn.
The Offeror has retained Kingsdale Shareholder Services Inc. ("Kingsdale") as information agent to respond to inquiries from Anvil shareholders
regarding the Offer. Kingsdale may be contacted toll-free at
1-866-581-1392 or collect from outside North America at
+1-416-867-2272. The Depositary for the Offer is Computershare Investor
Services Inc. Inquiries should be directed to 1-800564-6253 or firstname.lastname@example.org.
This news release is for information purposes only and is not a
substitute for the filed Offer and takeover bid circular and Anvil
directors' circular. There can be no assurance that the conditions of
the Offer will be satisfied, or that the transaction will be completed
as proposed or at all.
Anvil Mining Limited is a copper producer whose shares are traded on the
Toronto Stock Exchange (as Common Shares) and the Australian Securities
Exchange (as CDIs) under the symbol AVM.
SOURCE ANVIL MINING LIMITED
For further information: