07/03/2006 - 21:00

Skafell ups Tethyan bid

07/03/2006 - 21:00

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SKAFELL Pty Ltd has announced that it will increase the consideration payable under its off-market takeover bid for all of the ordinary shares in Tethyan Copper Company Ltd from $0.775 to $1.35 for each Tethyan share. Skalfell’s offer is currently due to expire on March 20 2006, unless extended.

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