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BRIEF- Atherton Resources updates on Auctus' takeover offer

Published 12/11/2015, 07:41 pm
Updated 12/11/2015, 07:50 pm
© Reuters.  BRIEF- Atherton Resources updates on Auctus' takeover offer
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Nov 12 (Reuters) - Atherton Resources Ltd ATE.AX :

* Auctus' takeover offer compulsory acquisition

* Says trading in Atherton shares will be suspended by close of trade on Thursday, 19 November 2015

* Auctus will now proceed to acquire remaining Atherton shares under compulsory acquisition provisions of corporations act 2001

* "Auctus chillagoe pty ltd (auctus) had a relevant interest in 90.39% of ordinary shares in Atherton"

* Acquisition will be on same terms as auctus' on-market takeover offer for Atherton shares, A$0.20 for every Atherton share

* Source text for Eikon ID:nASX8nVnSt

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