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Takeover bid by TIO (NZ) Limited for Flinders Mines Supplementary Bidder’s Statement

TIO has agreed to vary its Takeover Bid to increase the consideration offered to $0.025 per Flinders Share (Improved Offer).

The Improved Offer price of $0.025 per Flinders Share is best and final and will not be increased, in the absence of an alternative proposal or competing proposal from a third party.

The Flinders Board unanimously recommends that Flinders’ Shareholders ACCEPT the Improved Offer, in the absence of a Superior Proposal.

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