Bullabulling Gold Limited NORTON SECURES CONTROLLING STAKE IN BULLABULLING (2075M)

TIDMBGL

RNS Number : 2075M

Bullabulling Gold Limited

14 July 2014

Bullabulling Gold Limited ("the Company")

NORTON SECURES CONTROLLING STAKE IN BULLABULLING GOLD

The following announcement was released this morning to the ASX by Norton Gold Fields Limited ("Norton") in relation to its offer to acquire all the ordinary shares in the Company:

-- Norton has now reached a position of control of Bullabulling with a current interest of 50.95%

-- Automatic 14 day extension of the Offer period, with it now set to end at 5:00pm (AWST) on 28 July 2014

   --    Bullabulling's AIM listing expected to be cancelled

Norton Gold Fields Limited (Norton) (ASX: NGF) advises that its interest in Bullabulling Gold Limited (Bullabulling) (ASX: BAB) has today passed 50% and, pursuant to Section 624(2) of the Corporations Act 2001 (Cth), its Offer for Bullabulling shares is automatically extended by 14 days, such that it is now set to end at 5:00pm (AWST) on 28 July 2014.

As Norton has now reached a position of control of Bullabulling it has commenced a process of reviewing the composition of Bullabulling's board of directors and Bullabulling's business, operations and assets. A material matter arising from this review is that Norton expects to seek to have Bullabulling cancel trading of its shares on AIM. Pursuant to the AIM Rules for Companies the cancellation will be conditional upon the consent of Bullabulling's Shareholders given in a general meeting.

The full announcement is available on the ASX website.

Further enquiries:

 
 Brett Lambert                    Westhouse Securities Limited 
  Bullabulling Gold Limited        (UK Broker & Nominated Adviser) 
  Level 2, 55 Carrington Street    Martin Davison / Hugo Rubinstein 
  Nedlands, WA, 6009, Australia    Tel: +44 20 7601 6100 
  Tel: +61 8 9386 4086 
-------------------------------  ----------------------------------------------- 
 Neil Boom                        John Gardner / Rupert Dearden 
  Gresham PR Ltd (UK media)        MAGNUS Investor Relations. Corporate 
  Tel: +44 7866 805 108            Communication. (Australian Media) 
                                   Tel: +61 8 6160 4900 
                                   jgardner@magnus.net.au rdearden@magnus.net.au 
-------------------------------  -----------------------------------------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCVZLBFZDFLBBL

Bullabulling (LSE:BGL)
과거 데이터 주식 차트
부터 6월(6) 2024 으로 7월(7) 2024