Dear Shareholders
Today Geothermal Resources provided an update on the takeover by Havilah Resources.
Also on the 11th November, Havilah Resources advised the ASX that its bid for Geothermal Resources Ltd,
which is now free of all defeating conditions, has been extended until 28 November 2011.
The company has been advised that as of close of business14 November 2011,
Havilah Resources NL now holds 91.4% of Geothermal Resources Ltd.
Under the Corporations Act, Havilah may now move to compulsorily acquire outstanding Geothermal shares under the same terms of the Offer.
It is more efficient to ACCEPT by completing the Acceptance Form or advising your broker to accept on your behalf.
Your new Havilah shares will be issued more quickly to those holders who accept now before the final close date (28 November 2011).
Please visit the web site for more information on the Offer
Geothermal Resources' web site includes information about the
off-market takeover offer for Geothermal Resources by Havilah Resources NL.
Best Regards
Bob Johnson
Chairman
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Havilah Resources
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DEVELOPMENT STAGE |
CODE : HAV.AX |
ISIN : AU000000HAV4 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Havilah is a tin and gold exploration company based in Australia. Havilah holds various exploration projects in Australia. Its main asset in development is PORTIA in Australia and its main exploration properties are KALKAROO, LILYDALE, MALDORKY and MUTOOROO in Australia. Havilah is listed in Australia. Its market capitalisation is AU$ 33.4 millions as of today (US$ 21.8 millions, € 20.4 millions). Its stock quote reached its highest recent level on July 13, 2007 at AU$ 2.89, and its lowest recent point on March 13, 2020 at AU$ 0.05. Havilah has 171 390 000 shares outstanding. |