March 3 (Reuters) - Mineral Deposits Ltd MDL.AX :
* Says notes the recent onmarket takeover bid made by African Minerals Exploration & Development Fund
* Says proceeds to MDL from the sale of this investment will be approximately A$6.45 million
* Says it intends to exit its position in wtr and has begun the process, effective immediately
* Bid to acquire all of fully paid ordinary shares of World Titanium Resources for A$0.07 cash per wtr fully paid ordinary share
* Source text for Eikon ID:nASX2nsF1L
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