Brief: Newport Receives AUD$1.4 Mln Net Qtrly Royalty Payment, Gas Potential & Corporate Update

Newport Exploration

06/03/2019 18:07

March 6 (Reuters) - Newport Exploration Ltd  NWX.V :
    * NEWPORT RECEIVES AUD$1,433,853 NET QUARTERLY ROYALTY
PAYMENT,
GAS POTENTIAL AND CORPORATE UPDATE
    * NEWPORT EXPLORATION LTD - MAY CONSIDER MAKING QUARTERLY
DIVIDENDS.
    * NEWPORT EXPLORATION - IS AWARE OF RUMORS OF POSSIBLE BID
FOR
GROSS OVERRIDING ROYALTY, POSSIBLE HOSTILE TAKEOVER ATTEMPT OF
CO AS WAY OF ACQUIRING GOR
    * NEWPORT EXPLORATION LTD - NO OFFER FOR GOR WOULD BE
CONSIDERED
UNTIL INDEPENDENT VALUATION DONE ON GOR ASSETS
    * NEWPORT EXPLORATION LTD - IN EVENT OF HOSTILE TAKEOVER
ATTEMPT,
CO IS CONFIDENT MAJORITY OF SHAREHOLDERS WOULD SUPPORT BOARD

Source text for Eikon:  ID:nCNW98cz1a 
Further company coverage:  NWX.V 

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