HONG KONG, Nov. 10, 2011 /CNW/ -- Minmetals Resources Limited (HKSE 1208) ("MMR") announced today that it requires additional time to prepare and finalise the Hong Kong circular in relation to its recommended takeover offer ("the Offer") to acquire all of the common shares in Anvil Mining Limited ("Anvil"), including the Competent Person's Report and Valuation Report.
The date of the dispatch of the Circular has been extended to a date falling on or before 7 December 2011.
The dispatch of the circular to MMR shareholders by the formerly announced date is not a condition of the Offer. The approval of MMR shareholders is a condition of the Offer. Subject to the Listing Rules of the Hong Kong Stock Exchange, shareholder approval may be obtained prior to the dispatch of the circular through a resolution in writing signed by the holders of a majority of the ordinary shares in the capital of the company.
The circular to Anvil shareholders was dispatched on 19 October 2011 and the Offer commenced at this time. The Offer is open until 8.00pm (Toronto time) 24 November 2011.
The Offer received approval from the Treasurer of Australia under the Foreign Acquisitions and Takeovers Act (FIRB Approval) on 25 October.
Media enquiries: Investor enquiries:
Sally Cox Troy Hey
General Manager -Stakeholder &
Group Manager - Communications Investor Relations
Tel: +61-3-9288-0850 Tel: +61-3-9288-0442
Mobile: +61-417-144-524 Mobile: +61-409-709-126
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Chinese language investor and media
Canadian media enquiries: enquiries:
Ian Hamilton Shelldy Cheung
DFH Public Affairs Kreab Gavin Anderson
Tel:+416-206-0118 ext.222 Tel: +852-2218-9966
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SOURCE Minmetals Resources Limited