Takeover bid by Troy Resources Limited for Azimuth Resources Limited - Notice of Change of Interests of Substantial Holder and Institutional Acceptance Facility

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

PERTH, Western Australia, June 12, 2013 /CNW/ - Azimuth Resources Limited (Azimuth) (ASX, TSX: AZH) advises that Troy Resources Limited (Troy) (ASX, TSX: TRY) has today advised that the aggregate of:

				a) the number of Azimuth ordinary shares the subject of acceptance instructions (in the form of acceptance forms and/or directions to custodians to accept the Troy offer) that have been received in the Institutional Acceptance Facility (IAF) as at 7.00pm (Sydney time) yesterday; and
				b) the number of Azimuth shares in which Troy has a relevant interest,

are as follows:

	Number of Azimuth ordinary shares	% of Azimuth ordinary shares
Shares subject to IAF	93,421,008	21.69%
Relevant interest	127,635,735	29.64%
Total	221,056,743	51.33%

Acceptances received into the IAF include those of Macquarie Metals & Energy Capital (Azimuth's largest shareholder) representing 16.65% of Azimuth's ordinary shares on issue.

Shares the subject of the IAF do not, at this stage, constitute formal acceptances of the takeover offer.

 

SOURCE: Azimuth Resources

Shareholders: 
Russell Clark 
Chief Executive Officer 
Azimuth Resources Limited 
T: [phone] 
E: [email protected]

Media:
Bill Kemmery
Fortbridge Consulting Pty Ltd
Tel: [phone]
Tel: [phone]
E: [email protected]