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ARTICLE · 09 SEPTEMBER 2012

Australian Resources Sector Update: September 2012

Corrs Chambers Westgarth
Corrs Chambers Westgarth
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Corrs Chambers Westgarth

Corrs Chambers Westgarth

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This update includes summaries of announcements, deals, rumours and regulatory updates relating to the resources sector.

AustraliaEnergy and Natural Resources

Introduction

Welcome to the September edition of the Australian Resources Sector Update, a monthly publication prepared by Corrs Chambers Westgarth for clients who are interested in the Australian resources industry.

This publication brings together a brief summary of information on recently completed deals, market rumours and potential opportunities, and relevant regulatory updates.

Recent Announcements

On 24 August 2012, ASX-listed Whitehaven Coal announced that Tinkler Group Pty Ltd's due diligence process in respect of the non-binding proposal by a Tinkler Group-led bid vehicle to acquire all of the issued shares in Whitehaven at A$5.20 per share has ended1. Whitehaven further announced that it has been advised by Tinkler Group that Tinkler Group will not be making a formal binding offer at A$5.20 per share.

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