MTX - Metorex Limited - Offer by Metorex Limited for Copper Resources
MTX
MEMTX
MTX - Metorex Limited - Offer by Metorex Limited for Copper Resources
Corporation ("Crc") - offer update and offer extended
Metorex Limited
(Incorporated in the Republic of South Africa)
(Registration number 1934/005478/06)
JSE code: MTX
ISIN: ZAE000022745
Issuer code: MEMTX
("Metorex")
OFFER BY METOREX LIMITED ("METOREX") FOR COPPER RESOURCES CORPORATION ("CRC") -
OFFER UPDATE AND OFFER EXTENDED
On 6 December 2007, Metorex announced the terms of an offer to acquire the
entire issued and to be issued share capital of CRC (the "Offer"). The Offer
Document setting out the full terms of the Offer was posted to CRC Shareholders
on 5 December 2007.
The Board of Metorex announces that by 3.00 p.m. on 28 December 2007, being the
First Closing Date of the Offer, Metorex had received valid acceptances of the
Offer in respect of a total of 5 471 004 CRC Shares, representing approximately
6.42% of the issued share capital of CRC which, together with 33 293 392 CRC
Shares beneficially owned by Metorex, representing 39.06% of the issued share
capital of CRC, total 38 764 396 CRC Shares representing 45.48% of the issued
share capital of CRC.
EXTENSION OF THE OFFER
Metorex announces that the Offer, which remains subject to the terms and
conditions set out in the Offer Document has been extended and will remain open
for acceptance until 3.00 p.m. on the next closing date, which will be on Monday
7 January 2008.
Johannesburg
2 January 2008
Corporate Advisor and Sponsor
Barnard Jacobs Mellet Corporate Finance (Pty) Ltd
Date: 02/01/2008 10:48:18 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
