FEX.ASX: Notices under s. 650D and s. 630(2) of the Corporations Act

Notices under s. 650D and s. 630(2) of the Corporations Act

Stock	FENIX Resources Ltd (FEX.ASX)
Release Time	7 Apr 2025, 1:45 p.m.
Price Sensitive	Yes

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Fenix Resources Ltd's Takeover Bid for CZR Resources Ltd

Key Points

Fenix Resources Ltd extends its off-market takeover bid for CZR Resources Ltd
Offer closing date extended by 7 days to 22 April 2025
Conditions of the Offer remain unchanged

Full Summary

Fenix Resources Ltd (ASX: FEX) has made an off-market takeover bid to acquire all of the ordinary shares of CZR Resources Ltd (ASX: CZR). Fenix has now provided notices under sections 630(2) and 650D of the Corporations Act 2001 (Cth) regarding the Offer. Firstly, Fenix has given notice to extend the current Offer closing date by seven days, with the new closing date being 7:00pm (AEST) on 22 April 2025. This extension is pursuant to section 650D(1) of the Corporations Act.Secondly, Fenix has provided notice under section 630(2)(b) of the Corporations Act that the date for giving notice on the status of the Conditions will now be 15 April 2025. Fenix has also confirmed that, as at the date of the notice, the Offer remains subject to the Conditions detailed in section 10.8 of the original bidder's statement dated 25 February 2025.The notices have been approved by a resolution passed by the directors of Fenix and lodged with the Australian Securities and Investments Commission (ASIC). Neither ASIC nor any of its officers take any responsibility for the contents of the notices.