Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

Pan-Asia Catalysts/Events

Quiddity Advisors

Event-Driven

<ul>
<li>Copper-Gold play <strong><a href="https://www.smartkarma.com/entities/rex-minerals-ltd" target="_blank" data-smartkarma-citation="entities:13845:1" rel="noopener">Rex Minerals (RXM AU)</a></strong> has <a href="https://announcements.asx.com.au/asxpdf/20240708/pdf/065cd6cnf96yxh.pdf" target="_blank" rel="noopener">entered into a Scheme</a> with MACH Australia.</li>
<li>MACH, wholly-owned by Indonesia's Salim Group, is offering A$0.47/share in cash, a 71% premium to last close and a decade-high.</li>
<li>Rex shareholder approval and FIRB are the key conditions. Rex's board is unanimously supportive. This Offer will tentatively complete late October.</li>
</ul>


Copper-Gold play Rex Minerals (RXM AU) has entered into a Scheme with MACH Australia.
MACH, wholly-owned by Indonesia's Salim Group, is offering A$0.47/share in cash, a 71% premium to last close and a decade-high.
Rex shareholder approval and FIRB are the key conditions. Rex's board is unanimously supportive. This Offer will tentatively complete late October.


Rex Minerals (RXM AU)'s Scheme With The Salim Group

Australia

Rex Minerals Ltd. provides mining services. The Company offers acquisition, development, and exploration of gold in South Australia.

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Rex Minerals (RXM AU)'s Scheme With The Salim Group

A decade high price - this Offer from the Salim Group is done. I'd pay up to A$0.45/share, for a 15% annualised return, assuming late October...

David Blennerhassett