Brief: Rox Resources Notes Announcement By Cannon Resources Of Entry Into Bid Implementation Deal
Oct 31 (Reuters) - Rox Resources Ltd RXL.AX :
* ALL CASH TAKEOVER OFFER FOR CANNON RESOURCES
* NOTES ANNOUNCEMENT BY CANNON RESOURCES OF ITS ENTRY INTO
BID
IMPLEMENTATION AGREEMENT WITH KEDALION NICKEL PTY
* IF TAKEOVER COMPLETES ON TERMS ANNOUNCED BY CANNON, ROX
WILL
RECEIVE CASH PROCEEDS OF ABOUT A$3.8M FOR ITS CANNON SHARES
Source text for Eikon: ID:nASX7XBfBy
Further company coverage: RXL.AX
((Reuters.Briefs@thomsonreuters.com;))
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