Brickworks Ltd has made a takeover offer of $3.15 per share in cash for all of the issued capital of Bristile Ltd. The offer is conditional on acquiring at least 50.1% of Bristile's issued capital and other conditions
Empire Oil & Gas NL
Closed Entitlement Issue on the 31 January 2003 and allotted 82,988,816 New Shares and 41,494,414 New Options subscribed as of 21 February 2003. It has allocated the Shortfall of the Entitlement Issue being 145,981,193 New Shares and 72,990,590 New Options.
Southern Titanium NL
Has concluded an underwriting with Taylor Collison Ltd and Tolhurst Noall Ltd for the placement of 9,440,000 fully paid ordinary shares at a price of 12.5 cents per share to raise a total of $1,180,000 before expenses.
Kanowna Lights NL
Pursuant to a prospectus dated 18 February 2003 and a supplementary prospectus dated 25 February 2003, advises that it has allotted 20 million shares each at 2.4 cents (each with a free attaching 2005 option) which has raised $480,000.
Xanadu Wines Ltd
Intends to make an offer to the investors in the Xanadu Vineyards and Xanadu Vineyards II Managed Investment Schemes to acquire their Vinelot holdings in return for the issue of Shares in Xanadu. If all of the Growers accept the offer it will result in the issue of an additional 27,314,483 shares in Xanadu at an issue price of 29 cents. The offer will be made by a Prospectus and is expected to close by 31 March 2003.
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