W.M.C. bids for Great Boulder
CrV.Z. Press Assn—Copyright / ? ! MELBOURNE. Western Mining Corporation. Ltd, will make a bid for j the balance of shares it does ’ not hold in Great Boulder] Mines. Ltd. W.M.C. already controls ■ 43 per cent of Gt Boulder. ] If the scheme becomes effec-! live, shareholders, other than Westminster Tinvestments; Pty, Ltd, will receive one ’ fully paid share in W.M.C.; for every two shares in Gt: Boulder. Gt Boulder’s shareholding ; in W.M.C. will have to be I disposed of within 12 months; if it becomes a subsidiary of W.M.C. “Although no decision can be made for some time, the present intention is that ] these shares should be offered to the then existing shareholders in W.M.C. on terms to be decided immediately prior to rhe making of ] the offer.” the company said.;
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Bibliographic details
Press, Volume CXV, Issue 33875, 21 June 1975, Page 19
Word Count
133W.M.C. bids for Great Boulder Press, Volume CXV, Issue 33875, 21 June 1975, Page 19
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