Invecture Group, S.A. de C.V.

Invecture Group, S.A. de C.V.

November 13, 2013 19:35 ET

Invecture Reminds Shareholders of Kimber to Tender Their Shares to the Offer

MÉXICO CITY, MÉXICO--(Marketwired - Nov. 13, 2013) - Invecture Group, S.A. de C.V. ("Invecture") wishes to remind the shareholders of Kimber Resources Inc. ("Kimber") (TSX:KBR) that Invecture's all-cash offer to acquire all of the issued and outstanding common shares of Kimber, other than any common shares owned directly or indirectly by Invecture (the "Offer"), will expire at 5:00 P.M. (EST) on November 15, 2013 (the "Expiry Time"). The board of directors of Kimber has recommended that Kimber shareholders tender their common shares to the Offer. All Kimber shareholders who have not yet tendered their common shares are urged to do so before the Expiry Time.

As previously disclosed by Kimber on September 25, 2013, Invecture and Kimber have entered into a support agreement pursuant to which Invecture has agreed to purchase, on and subject to the terms and conditions of the Offer, at a price of Cdn$0.15 cash per common share, all of the issued and outstanding common shares of Kimber, other than any common shares owned directly or indirectly by Invecture.

Based on the closing price of Kimber's common shares on September 24, 2013 (the last trading day prior to the initial announcement of the Offer), the Offer represents a premium of approximately 67% to the closing price of the Kimber common shares on the TSX on September 24, 2013 and a premium of approximately 26% to the volume weighted average price of the Kimber common shares on the TSX for the 20-day period ended September 24, 2013.

All Kimber shareholders are encouraged to contact their broker, investment advisor or other nominee as soon as possible and take the necessary steps to tender their common shares to the Offer.

How to Tender Your Shares to the Offer

All questions regarding the Offer and how to tender your Kimber common shares should be directed to Laurel Hill Advisory Group, the Information Agent for the Offer, at 1-877-452-7184 (North American Toll Free) or 1-416-304-0211 (Banks, Brokers or Collect Calls) or at assistance@laurelhill.com.

Shareholders who wish to accept the Offer are encouraged to do so before the expiry time of 5:00 P.M. (EST) on November 15, 2013.

Additional Details of the Offer

Full details regarding the Offer, including instructions for shareholders regarding how to tender their Kimber common shares to the Offer, are included in the formal offer and take-over bid circular mailed to Kimber's shareholders on October 10, 2013 in accordance with applicable securities laws. Copies of the offer, take-over bid circular and related documents are also available through the internet on Kimber's SEDAR profile at www.sedar.com.

This press release does not constitute and offer to buy or invitation to sell, or the solicitation of an offer to buy or invitation to sell, any of the securities of Kimber. Such an offer may only be made pursuant to an offer and take-over bid circular filed with the securities regulatory authorities in Canada.

Contact Information

  • Invecture Group, S.A. de C.V.
    Montes Urales 750 Piso 3
    CP 110000 Mexico, D.F.
    +52-55-1579-4900

    Laurel Hill Advisory Group
    70 University Avenue, Suite 1440
    Toronto, Ontario, M5J 2M4
    1-877-452-7184 (NA Toll Free) or 1-416-304-0211 (Collect)
    assistance@laurelhill.com