Zhaojin Mining (01818) issued an announcementvolleyballasia, in connection with the offer made by Zhaojin Capital, an indirect wholly-owned subsidiary of the company, to acquire all fully paid ordinary shares in the share capital of Tietto Minerals Limited (offer).
The company is pleased to confirm that Zhaojin Capital's voting rights in the target company have increased to more than 50%, so the target company will become a subsidiary of the company. According to Article 624 (2) of the Company Law, the contract period has been automatically extended and is now scheduled to end 14 days after the target company's voting rights exceed 50%.
Therefore, the offer will remain open for acceptance until 7:00 pm Eastern Standard Time in Australia on May 14, 2024 (the sixth extended offer period). Except as mentioned above and disclosed in these announcements, as of the date of this announcement, all offersvolleyballasiaOther terms and conditions, including the new offer price announced on April 15, 2024, remain unchanged.
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