Notices under s. 650D and s. 630(2) of the Corporations Act
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| Stock | FENIX Resources Ltd (FEX.ASX) |
|---|---|
| Release Time | 31 Mar 2025, 4:41 p.m. |
| Price Sensitive | Yes |
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Fenix Resources extends takeover offer for CZR Resources
Key Points
- Fenix Resources extends its off-market takeover bid for CZR Resources
- Offer period extended by 7 days to 15 April 2025
- Offer remains subject to previously disclosed conditions
Full Summary
Fenix Resources Ltd (ASX: FEX) has issued notices under sections 630(2) and 650D of the Corporations Act 2001 in relation to its off-market takeover bid for all the ordinary shares of CZR Resources Ltd (ASX: CZR). Fenix has extended the closing date of the offer by 7 days, with the new closing date being 7:00pm (AEST) on 15 April 2025. The company has also provided notice that the date for giving notice on the status of the conditions will now be 8 April 2025. As at the date of the notice, the offer remains subject to the conditions detailed in the original bidder's statement dated 25 February 2025. The notices have been approved by a resolution passed by the directors of Fenix Resources.
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