Troy Resources Limited
ASX : TRY
TSX : TRY

Troy Resources Limited

June 16, 2013 21:41 ET

Takeover Bid By Troy Resources Limited for Azimuth Resources Limited: Notice of Change of Interests of Substantial Holder and Institutional Acceptance Facility

PERTH, WESTERN AUSTRALIA--(Marketwired - June 16, 2013) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Troy Resources Limited (Troy) (TSX:TRY)(ASX:TRY) advises that the aggregate of:

  1. the number of Azimuth ordinary shares the subject of acceptance instructions (in the form of acceptance forms and/or directions to custodians to accept the Troy offer) that have been received in the Institutional Acceptance Facility (IAF) as at 7.00pm (Sydney time) on 14 June 2013; and
  2. the number of Azimuth shares in which Troy has a relevant interest,

are as follows:

Number of Azimuth
ordinary shares
% of Azimuth
ordinary shares
Shares subject to IAF 93,489,353 21.71%
Relevant interest 141,651,605 32.89%
Total 235,140,958 54.60%

Acceptances received into the IAF include those of Macquarie Metals & Energy Capital (Azimuth's largest shareholder) representing 16.65% of Azimuth's ordinary shares on issue.

Shares the subject of the IAF do not, at this stage, constitute formal acceptances of the takeover offer.

ABN 33 006 243 750

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