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BRIEF-Bounty Mining Updates On QCoal Proposal

Published 13/09/2019, 06:44 pm
© Reuters.  BRIEF-Bounty Mining Updates On QCoal Proposal
B2Y
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Sept 13 (Reuters) - Bounty Mining Ltd B2Y.AX :

* UPDATES ON QCOAL PROPOSAL

* NON-INTERESTED DIRECTORS DETERMINED THAT FURTHER REVISED QCOAL PROPOSAL NOT SUPERIOR TO RECAPITALISATION PROPOSAL CO ENTERED INTO

* NON-INTERESTED DIRECTORS CONFIRM AMAROO PROPOSAL IN BEST INTERESTS OF CO; RECOMMEND SHAREHOLDERS VOTE IN FAVOUR OF THE RESOLUTIONS

* NON-INTERESTED DIRECTORS TO VOTE B2Y SHARES THEY HOLD/CONTROL IN FAVOUR OF AMAROO PROPOSAL RESOLUTIONS, IN ABSENCE OF SUPERIOR PROPOSAL

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