Troy Resources Limited Removes Conditions from its Azimuth Resources Limited Takeover

Resource Investing News

Troy Resources Limited (ASX:TRY,TSX:TRY) announced that they have removed all conditions from its takeover offer for the shares in Azimuth Resources Limited (ASX:AZH,TSX:AZH).

Troy Resources Limited (ASX:TRY,TSX:TRY) announced that they have removed all conditions from its takeover offer for the shares in Azimuth Resources Limited (ASX:AZH,TSX:AZH).

As quoted in the press release:

As at 2.00pm (Sydney time) on 2 July 2013, Troy’s voting power (plus acceptance instructions under the Institutional Acceptance Facility) was 78.23%. As the offer has now been declared unconditional, Troy has a relevant interest and voting power in the shares in the Institutional Acceptance Facility. Processing of all acceptances received to date will now commence.

To view the whole press release, click here. 

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