Update On Conditional Takeover Bid For Entire Share Capital Of Tietto Minerals

Zhaojin Mining Industry Co

15/04/2024 02:25

April 15 (Reuters) - Zhaojin Mining Industry Co Ltd
 1818.HK :
    * UPDATE ON CONDITIONAL TAKEOVER BID FOR ENTIRE SHARE
CAPITAL OF
TIETTO MINERALS
    * WILL INCREASE OFFER PRICE FROM AUD0.58 TO AUD0.68 PER
TIETTO
SHARE
    * HAS FREED RELEVANT CONDITIONS TO ACQUIRE TIETTO MINERALS
    * OFFER PRICE BEST AND FINAL AND WILL NOT BE INCREASED
    * TOTAL CONSIDERATION UP TO AUD733 MILLION

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 (Reporting by Archishma Iyer)
 ((Archishma.Iyer@thomsonreuters.com;))