Dwyka to secure 100% of Minerva - Offer closed

 

TIDMDWY 
 
RNS Number : 3730X 
Dwyka Resources Limited 
13 August 2009 
 

 
 
 
 
Dwyka Resources Limited ('Dwyka' or the 'Company') 
 
 
Dwyka Offer for Minerva reaches 90% and Offer Closed 
Dwyka moves to Compulsory Acquisition 
and 
Notice under Section 708A(5)(e) of the Corporations Act 2001 
 
 
 
  *  Dwyka increases its holding in Minerva to 91.01% 
 
 
 
  *  Dwyka has closed the offer and will now move to compulsory acquisition of the 
  remaining Minerva shares 
 
 
 
  *  Dwyka issues a further 973,510 shares to accepting Minerva shareholders 
 
 
 
 
 
Dwyka confirms that it has now received acceptances from Minerva Resources Plc 
shareholders represented 91.01% of the issued capital of Minerva Resources Plc. 
As a result Dwyka has closed the offer. 
 
 
Dwyka will move to compulsorily acquire the remaining Minerva shares to move to 
100% ownership. 
 
 
Further to the announcement on 12 August 2009 that Dwyka had exceeded 90% 
acceptances of its offer for the entire issued share capital of Minerva, the 
Company has today issued and allotted a further 973,510 ordinary fully paid 
Dwyka shares ('Shares') to those Minerva shareholders that had accepted Dwyka's 
offer in the period from 1.00 p.m. (London time) on 5 August 2009 until 1.00 
p.m. (London time) on 11 August 2009. 
 
 
Application has been made to the AIM Market of the London Stock Exchange ("AIM") 
for 973,510 Shares to be admitted to trading on AIM ("Admission"). Admission is 
expected to occur at 8.00 a.m. on 18 August 2009. 
 
 
The Company gives this notice pursuant to Section 708A(5)(e) of the Corporations 
Act. 
 
 
The Shares were issued without disclosure to investors under Part 6D.2 of the 
Corporations Act, in reliance on Section 708A(5)(e) of the Corporations Act. 
 
 
The Company, as at the date of this notice, has complied with: 
 
 
(a)    the provisions of Chapter 2M of the Corporations Act as they apply to the 
Company; and 
(b)    Section 674 of the Corporations Act. 
 
 
There is no excluded information for the purposes of Sections 708A(7) and (8) of 
the Corporations Act. 
 
 
 
 
For further information please contact: 
 
 
Melissa Sturgess 
Dwyka Resources Limited 
(+44) (0)78 2555 1397 or [e-mail] 
 
 
In United Kingdom 
Richard Brown 
Richard Greenfield 
Ambrian Partners Limited 
(+44) (0)20 7634 4700 
 
 
Press enquiries 
Charlie Geller or Leesa Peters 
Conduit PR 
[phone]/ [phone] 
 
 
Or visit: http://www.dwyresources.com 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
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