Brief: Demetallica Says Open To Discussion With AIC In Relation To Improved Offer

AIC Mines

12/10/2022 02:51

Oct 12 (Reuters) - Demetallica Ltd  DRM.AX :
    * REFERS TO CONDITIONAL, OFF-MARKET TAKEOVER OFFER FOR
DEMETALLICA
ANNOUNCED BY AIC MINES ON SEPT 19
    * SHAREHOLDERS ARE ADVISED TO REJECT OFFER, BY TAKING NO
ACTION
    * BOARD REMAINS OPEN TO DISCUSSIONS WITH AIC IN RELATION TO
AN
IMPROVED OFFER

Further company coverage:  DRM.AX 
 ((Reuters.Briefs@thomsonreuters.com;))