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BRIEF-Unity Mining further varies terms of proposed scheme with Diversified Minerals

Published 09/05/2016, 06:52 pm
Updated 09/05/2016, 07:00 pm
© Reuters.  BRIEF-Unity Mining further varies terms of proposed scheme with Diversified Minerals

May 9 (Reuters) - Unity Mining Ltd UML.AX :

* Has agreed to further variation to terms of proposed scheme and capital

return with diversified minerals pty ltd

* Total cash payments to be received by Unity shareholders will be increased to

3.3 cents per Unity share

* Scheme consideration represents last and final offer and consideration will

not be increased, in absence of a superior proposal

* Says consideration will not be increased, in the absence of a superior

proposal

* Unity board continues to unanimously recommend that Unity shareholders vote

in favour of both the scheme and the capital return

* Source text for Eikon ID:nASXbdgp8B

*

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