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Article: Allied Gold Declares Offer Unconditional and Acquires Effective Control of Australian Solomons Gold.
- Article from:
- Marketwire Canada
- Article date:
- November 9, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BRISBANE, AUSTRALIA, Nov 9, 2009 (Marketwire via COMTEX) -- Allied Gold Limited (ASX:ALD)(AIM:AGLD)("Allied Gold") today declared its takeover offer (the "Offer") for Australian Solomons Gold Limited ("ASG") unconditional. A total of 63,694,013 ordinary shares of ASG were validly deposited under the Offer as of November 8, 2009. As all of the conditions of the Offer have been satisfied or waived Allied Gold will take up all of the ASG shares deposited to date under the Offer immediately upon commencement of business in Toronto on November 9, 2009. As a result, Allied Gold will own approximately 49.08% of the issued and outstanding ordinary shares of ASG (45.24% on a ...