Diatreme Resources Limited Announces Compulsory Acquisition of Metallica Limited Shares

Diatreme Resources Limited (ASX: DRX) has commenced the compulsory acquisition of Metallica Minerals Limited (ASX: MLM) shares. Diatreme has secured over 90% of Metallica's fully paid ordinary shares and more than 75% of the shares it offered to acquire. Under the Corporations Act 2001, Diatreme will compulsorily acquire the remaining Metallica shares on the same terms as the initial offer.

Metallica shareholders who have not accepted the offer will have their shares acquired, with consideration issued to Metallica for distribution. This process is expected to be completed no earlier than six weeks from the date of notice. Following the acquisition, Metallica will be delisted from the ASX. Shareholders with queries are advised to contact their legal or financial advisers or use the provided helpline.

Customer Notice:

Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com