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INDOPHIL RESOURCES NL

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Detailed information on thousands of mining companies and mineral properties

ASX:IRN (AUD)  1.26 [+0.01 (+0.80%)] Feb 8 2010 - Close

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Type: Public
Classification: Track
Professional or Advanced
Subscriber Access Required
411 COLLINS STREET, LEVEL 3
MELBOURNE
Victoria
Australia, 3000
Phone: +61 3 9670 5800
Fax: +61 3 9670 5888

Company Summary

Indophil Resources NL is an Australian publicly-listed company, incorporated in 1996, to acquire, explore for and develop gold and copper-gold opportunities in the Asia-Pacific region. Indophil's team is highly-experienced and successful in minerals development, with specialisation in the Philippines.

Company News

Tuesday, December 01, 2009
Indophil Resources NL has agreed terms with Zijin Mining Group Company Limited for a recommended takeover offer of Indophil for A$1.28 cash per share. Zijin will make a cash offer for all issued shares in Indophil held by all Indophil shareholders at A$1.28 per share, valuing Indophil’s share capital at approximately A$545 million (on a fully diluted basis). The proposal represents an 18% premium to the closing price of Indophil shares of $1.085 on 26 November 2009 (being the last trading day prior to announcement of the offer). The proposal represents an 83% premium to Indophil’s six month volume weighted average price of $0.70.

News Releases

Wednesday, February 03, 2010
Monday, January 25, 2010
Monday, October 26, 2009

Mineral Properties Map

Map Legend:
ProducerProducer
Past ProducerPast Producer
DevelopmentDevelopment
ExplorationExploration
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