Today, the
As a result, the Company will comply with the Orders and issue a supplementary bidder's statement which provides for: (a) offering withdrawal rights1 to those Bullseye shareholders that have accepted the Offer to date; (b) the ability for Bullseye shareholders to confirm in writing to the Company that they do not wish to exercise the further withdrawal right, in which case the Bullseye shareholder's acceptance may be processed by the Company as soon as practicable and (c) explains to shareholders the effect of the Panel's declaration and orders, discloses whether the Company has any intentions in relation to accepting the Xingao bid and, if so, what those intentions are and includes details of how to and when they can exercise the right of withdrawal offered or if they do not wish to exercise this right, how to and when they can confirm they do not wish to exercise the further withdrawal right.
Emerald's Managing Director,
Forward Looking Statement
This document contains certain forward looking statements. These forward-looking statements are not historical facts but rather are based on the Company's current expectations, estimates and projections about the industry in which Emerald Resources operates, and beliefs and assumptions regarding the Company's future performance. Words such as 'anticipates', 'expects', 'intends', 'plans', 'believes', 'seeks'' 'estimates', 'potential' and similar expressions are intended to identify forward-looking statements. These statements are not guarantees of future performance and are subject to known or unknown risks, uncertainties and other factors, some of which are beyond the control of the Company, are difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements, which reflect the view of Emerald Resources only as of the date of this announcement. The forward-looking statements made in this release relate only to events as of the date on which the statements are made. Emerald Resources will not undertake any obligation to release publicly any revisions or updates to these forward-looking statements to reflect events, circumstances or unanticipated events occurring after the date of this announcement except as required by law or by any appropriate regulatory authority. This document has been prepared in compliance with the current JORC Code 2012 Edition and the ASX listing Rules. The Company believes that is has a reasonable basis for making the forward-looking statements in this announcement, including with respect to any production targets and financial estimates, based on the information contained in this announcement. Reference is made to ASX Announcement dated
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Web: www.emeraldresources.com.au
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