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;))
Recent news on Rox Resources
See all newsAustralia's Rox Resources rises on gold find at Youanmi mine
Australia's Rox Resources jumps on gold find in WA project
Australia's Rox Resources rises after securing $243 million debt package for Youanmi mine
Brief: Rox Resources Achieves Financial Close On A$350 Million Debt Facilities For Youanmi Gold Mine
Brief: Venus Metals Corporation Declares Special Dividend Of 25 Million Rox Resources Shares