Zeta Resources Limited: Compulsory Acquisition of Zeta Shares

Zeta Resources Limited (ASX: ZER) made a groundbreaking announcement. UIL Limited, the major shareholder holding 95.03% of the Company's ordinary shares, has exercised its right to acquire all shares held by shareholders other than UIL. This bold move, executed under section 103 of the Companies Act 1981 of Bermuda, offers an enticing cash price of AU$ 0.2973 for each Zeta share, surpassing the last traded price of AU$ 0.22 per share on ASX.

This presents an exceptional opportunity for shareholders. Following this buyout, Zeta shares will be suspended from trading on ASX until the process is finalized. Automic Registry Services will oversee the buyout consideration, ensuring all shareholders a seamless and efficient experience.

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