Independence Group NL
(ASX:IGO) has announced it now has obtained a 90 percent interest in Winward Resources Limited
(ASX:WIN).
As a result, Independence Group will now proceed with the compulsory acquisition of the remaining shares.
The company is offering $0.19 per Winward share and has indicated the offer is final and will not be extended further.
Winward shareholders have been advised they have until 7pm Sydney time on 30 November to accept the offer.
Independence Group NL reported a net loss of $58.77 million at 30 June 2016.
