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SRX — Sierra Rutile Holdings News Story

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Brief: Sierra Rutile Announces Unsolicited Proposal From Leonoil

July 15 (Reuters) - Sierra Rutile Holdings Ltd  SRX.AX :
    * UNSOLICITED PROPOSAL FROM LEONOIL COMPANY LIMITED
    * BID IN SRX WHICH LEONOIL DOES NOT ALREADY OWN FOR A$0.18
CASH
PER SHARE
    * LEONOIL HOLDS 19.85% OF ISSUED AND OUTSTANDING ORDINARY
SHARES
IN SRX.

Further company coverage:  SRX.AX 

 ((Reuters.Briefs@thomsonreuters.com;))

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