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Animas Resources

Publié le 30 décembre 2013

Responds to GoGold proposal to Acquire Animas

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News Release - December 30, 2013
Animas Responds to GoGold proposal to Acquire Animas


.   58.7% of shareholders agree to support GoGold offer.
..   Offer is 50% higher than previous offer.
..   Animas recommends to reject Marlin Gold offer.

Animas Resources Ltd. (TSX.V: ANI) ("Animas" or the "Company") announces that, as previously announced by GoGold Resources Inc. ("GoGold") in its press release of today's date, GoGold intends to make an offer to acquire all of the outstanding common shares and warrants of the Company for $0.15 per common share.

Mark T. Brown, CA, Director, President & CEO commented that: "Significant shareholders of Animas have informed the Company that they have entered into agreements to support the offer by GoGold. The Board of Animas has also unanimously agreed to support the GoGold offer and advises shareholders to reject the Marlin Gold offer which was for $0.10 per share as announced on December 23, 2013."

GoGold's Proposed Offer

Pursuant to the proposed GoGold offer, Animas shareholders will be entitled to receive $0.07 in cash and 0.0851 of a GoGold common share for each Animas common share validly tendered to the proposed offer. Based on the closing prices of GoGold and the Company on December 24, 2013, the transaction values each Animas Common Share at $0.15 and represents a premium of approximately 87.5% to Animas shareholders. Based on the 20-day volume-weighted average share prices of both companies the premium to Animas shareholders is 142%. In addition, GoGold intends to acquire all of the Animas warrants. GoGold intends to offer one GoGold common share for each $0.94 of in-the-money value of the Animas warrants, rounded down the nearest whole GoGold Share.

58.7% of Animas Shareholders Sign Lock Up Agreements

In connection with the proposed offer, Animas has been advised that GoGold has entered into "hard" lock-up agreements with certain Animas shareholders owning 42,054,130 Animas common shares, or approximately 58.7% of the Animas issued and outstanding common shares (approximately 60.7% fully diluted), pursuant to which such shareholders have agreed to tender their common shares to the proposed takeover bid by GoGold.

In connection with the proposed offer and the entering into lock-up agreements, GoGold has deposited $1,000,000 in escrow with an escrow agent. Under the terms of the escrow, the escrow agent will pay to the Company $1,000,000 if GoGold does not mail the take-over bid circular and related documents by January 28, 2014 (subject to extension in certain limited circumstances) or if GoGold does not take-up and pay for the securities of Animas deposited under the offer by April 30, 2014, in each case provided that the locked-up shareholders are at all times in compliance with their obligations under the lock-up agreements and the Company's board of directors have unanimously recommended that Animas shareholders accept the GoGold offer and such recommendation shall not have been withdrawn, changed, modified or qualified in a manner adverse to GoGold.

The Board of Directors of Animas, on a preliminary basis, is unanimously supporting the proposed offer by GoGold and propose that, subject to receipt of the final offer, they will be recommending that all of the shareholders of Animas tender their shares to the proposed offer, once formally made by GoGold.

Animas Board Recommends Shareholders reject Marlin Gold Offer

The Board of Directors is also recommending that all shareholders reject the offer made by Marlin Gold on December 23rd as it is inferior to the proposed offer to be made by GoGold. The Board of Directors will be preparing and sending to all shareholders a Directors Circular within the time frames prescribed by securities legislation recommending that shareholders reject the Marlin Gold offer. Shareholders should take no further action with respect to the Marlin offer and should contact the Company if they have taken any action to tender their shares to the Marlin Gold takeover bid.

The Board has also formally waived the application of the Company's shareholders' rights plan both in connection with the Marlin Gold offer and for the proposed offer to be made by GoGold.

This news release was prepared by Company management, who take full responsibility for its content.

For additional information, contact Animas Resources Ltd. at 604-687-6197, or you may register to receive future news releases at www.animasresources.com.

"Mark T. Brown"
___________________________________
Mark T. Brown, B. Comm. CA
President & CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Copyright (c) 2013 ANIMAS RESOURCES LTD. (ANI) All rights reserved. For more information visit our website at http://www.animasresources.com/ or send mailto:info@animasresources.com Message sent on Mon Dec 30, 2013 at 2:07:38 PM Pacific Time
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Animas Resources

EXPLORATEUR
CODE : ANI.V
ISIN : CA0352651073
Suivi et investissement
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Animas Res. est une société d’exploration minière d'or et de molybdène basée au Canada.

Ses principaux projets en exploration sont SANTA GERTRUDIS et BACANUCHI au Mexique.

Animas Res. est cotée au Canada. Sa capitalisation boursière aujourd'hui est 14,0 millions CA$ (12,7 millions US$, 9,2 millions €).

La valeur de son action a atteint son plus haut niveau récent le 07 mars 2008 à 2,14 CA$, et son plus bas niveau récent le 15 novembre 2013 à 0,03 CA$.

Animas Res. possède 73 630 000 actions en circulation.

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Rapports annuels de Animas Resources
2008 Annual Report
Annual report 2007
Financements de Animas Resources
09/10/2013Extends Warrant Expiry Date
07/05/2013Completes $625,000 Financing
29/04/2013Private Placement Terms Amended
04/04/2013Arranges $600,000 Private Placement
21/06/2011Closes $1,015,000 Financing
Nominations de Animas Resources
02/12/2013appoints Mark T. Brown as President & CEO
Projets de Animas Resources
25/11/2013(Santa Gertrudis)agrees to sell Santa Gertrudis to GoGold Resources
04/10/2012(Santa Gertrudis)s on Gold Exploration at Santa Gertrudis, Mexico
20/04/2012(Santa Gertrudis)advances metallurgical test work planning and land access at...
07/10/2011Acquires Large Gold Property in the Sonora Gold Belt, Mexico
21/09/2011sells Kinsley Mountain interest to Pilot Gold Inc.
22/03/2011(Golden Arrow)Terminates Golden Arrow Option & Provides Project Updates
22/07/2010Encounters Molybdenum System At El Tigre, Starts New Ni43-10...
25/03/2010(Santa Gertrudis)Plans Exploration at Ariel Copper/Gold Target and Updates on...
19/11/2009(Santa Gertrudis)Updates Drill Progress at Santa Gertrudis; Grants Options
23/10/2009(Santa Gertrudis)Announces the drilling program has started at Santa Gertrudi...
28/09/2009(Santa Gertrudis)Announces Targets for Santa Gertrudis drilling program and M...
27/08/2009(Santa Gertrudis)signs contract for Santa Gertrudis drilling program.
03/07/2009(Santa Gertrudis)announces filing of its NI 43-101 report For the Santa Gertr...
20/05/2009(Santa Gertrudis)announces 23 % increase in the Cristina oxidized gold deposi...
02/03/2009(Santa Gertrudis)Drills 8.5 meters of 2.814 gpt Gold Which Includes 0.8 meter...
23/02/2009(Santa Gertrudis)Drills 26.6 Meters of 1.405 gpt Gold in the Santa Teresa Dis...
16/09/2008(Bacanuchi)Identifies Five Covered Porphyry Copper Targets and Complete...
20/06/2008(Santa Gertrudis)drill targets
06/03/2008(Santa Gertrudis)Acquires the San Enrique and Greta Properties
29/01/2008(Santa Gertrudis)Stakes an Additional 5,000 Hectares
Communiqués de Presse de Animas Resources
23/04/2014GoGold and Animas Announce Successful Acquisition of Animas ...
16/04/2014Animas Shareholders' Meeting - Approval of Arrangement
19/02/2014Encourages Shareholders to Tender Shares to GoGold Offer
08/01/2014mails Directors' Circular and cancels Special Meeting
30/12/2013Responds to GoGold proposal to Acquire Animas
12/09/2013(Santa Gertrudis)s on Ejido Election and Santa Gertrudis
19/07/2013(Santa Gertrudis)' Deal with DKM at Santa Gertrudis Expires
25/03/2013Clarifies Some of Its Prior Technical Disclosure
25/02/2013(Santa Gertrudis)Joint Ventures Santa Gertrudis for Gold Production
28/06/2012(Santa Gertrudis)Regains Full Access to Santa Gertrudis
31/08/2011to Raise $3.4 Million From a New Controlling Shareholder
09/06/2011Announces $1 Million Financing
03/05/2011(Santa Gertrudis)Commisions Study to Advance Santa Gertrudis, Prepares for Ad...
31/01/2011 Mineral Exploration Projects
20/07/2010Advances Exploration At Golden Arrow Gold Property, Nevada
11/02/2010Reports Encouraging Assay Results From the Escondida & Pirin...
03/11/2009Announces a second drill will be added at Santa Gertrudis.
06/07/2009Names Bob Bishop to Advisory Board; Reports on Larger Tonnag...
03/07/2009Al Korelin Interviews Bob Bishop and Greg McKelvey, Presiden...
30/06/2009Graduated to Tier One
08/01/2009Forms Special Committee to Evaluate Business Opportunities a...
10/09/2008and market update
22/07/2008recent coverage
27/06/2008begins new drilling
10/06/2008adopts sharholders rights plan
09/05/2008project development update press release
25/03/2008Stakes an Additional 10,770 Hectares
17/01/2008Transfers Outstanding Data to Mine Development Associates
15/01/2008Forms Geophysical Special Projects Group
10/01/2008Upcoming conference
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