ASX listing rule 6.23.2 waiver granted by ASX

PERTH, Australia, May 17, 2013 /CNW/ - Azimuth Resources Limited (ABN 87 089 531 082) (Azimuth) (ASX, TSX: AZH) hereby advises, further to Section 6.16 of the Target's Statement lodged on 9 May 2013, that ASX Limited ("ASX") has granted Azimuth a waiver from listing rule 6.23.2 to the extent necessary to permit Azimuth to cancel 15,822,581 unquoted options on issue for consideration without shareholder approval subject to the following conditions:

  1. The off market takeover bid from Troy Resources Ltd ("Troy") for all Azimuth's shares being declared unconditional.
  2. Troy and its associates obtain voting power of at least 50.1% in Azimuth.

Yours faithfully,

Russell Clark
Chief Executive Officer

SOURCE: Azimuth Resources

For further information:

Russell Clark
Chief Executive Officer 
Tel: +61 8 9381 2488

Bill Kemmery
Fortbridge Consulting Pty Ltd
Tel: +61 2 9003 0499
Tel: +61 400 122 449

Organization Profile

Azimuth Resources

More on this organization

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890