Troy Resources Limited
ASX : TRY
TSX : TRY

Troy Resources Limited

June 06, 2013 23:26 ET

Takeover Bid by Troy Resources Limited for Azimuth Resources Limited-Notice of Extension of Offer Period

PERTH, WESTERN AUSTRALIA--(Marketwired - June 6, 2013) -

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Troy Resources Limited (TSX:TRY)(ASX:TRY) (Troy) advises that in relation to its off-market takeover offer for all of the fully paid ordinary shares in Azimuth Resources Limited (Azimuth) (Offer) it has today lodged a Notice of Extension (Notice) under section 650D(1) of the Corporations Act 2001 (Cth) (Act).

The Notice:

  • Varies the Offer, contained in Troy's bidder's statement dated 9 May 2013 as supplemented by a supplementary bidder's statement dated 24 May 2013 (Bidder's Statement), for all of the ordinary shares in Azimuth by extending the period during which the Offer will remain open pursuant to section 650C of the Act. The Offer will now close at 7.00pm (Sydney time) / 5.00am (Toronto time) on 28 June 2013 (unless further extended).

  • Varies the Bidder's Statement by replacing 14 June 2013 with 28 June 2013 in each place where the closing date for the Offer is specified in the Bidder's Statement or the Acceptance Form.

  • Gives notice under section 630(2) of the Act that:

    1. The new date for giving notice of the status of the conditions set out in section 14.9 of the Bidder's Statement (Conditions) is 21 June 2013;

    2. The Offer is not free from the Conditions; and

    3. So far as the Troy knows, the Conditions were not fulfilled as at the date of the Notice.

A copy of the notice was lodged with the Australian Securities Commission and provided to Azimuth on 7 June 2013. A copy of the Notice will also be lodged on SEDAR (www.sedar.com). ASIC takes no responsibility for the contents of the notice.

ABN 33 006 243 750

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