MXX Mineral Sec

    RNS Number : 9466X
  Mineral Securities Limited
  30 June 2008
   


    Not for release, publication or distribution, in whole or in part, in or into or from any jurisdiction where to do so would constitute a
violation of the relevant laws of such jurisdiction

    MINERAL SECURITIES LIMITED

    RNS ANNOUNCEMENT

    30 June 2008

    COPPERCO RELEASES TAKEOVER DOCUMENTS


    CopperCo Limited ("CopperCo") today began despatching to UK shareholders an offer document (the "Offer Document") and a prospectus
equivalent document (the "UK Prospectus Equivalent Document") containing details of a recommended takeover offer (the "Offer") by CopperCo
for all of the shares in Mineral Securities Limited ("Minsec"), together with the required statutory disclosures.

    This follows CopperCo's lodgement with the Australian Securities and Investments Commission of the Offer Document and an Australian
prospectus (which incorporated the UK Prospectus Equivalent Document) (together, the "Takeover Documents").  Copies of the Takeover
Documents are available on the websites of Minsec and ASX (www.mineralsecurities.com and www.asx.com.au) and will be available for
inspection during normal business hours on any weekday (public holidays excepted) at CopperCo's registered office, Level 22, Allendale
Square, 77 St Georges Terrace, Perth, Western Australia 6000 and at the offices of Minsec, 14 Golden Square, London W1F 9JF.

    Under the Offer, which is recommended by Minsec's independent directors and which all directors of Minsec have given irrevocable
undertakings to accept in the form set out in the Takeover Documents, Minsec shareholders who accept the Offer will receive 2.2 CopperCo
shares for each Minsec share they hold.

    The Offer, if successful, will provide Minsec's shareholders with increased access to cashflow and to a portfolio of quality mining
assets, increased commodity diversification and greater scale and equity market presence.

    Keith Liddell, the Chief Executive of Minsec said "We are pleased to have passed another milestone in this transaction which we believe
will secure Minsec shareholders' interest in a diversified resources company and we urge all shareholders to accept the Offer as soon as
possible."

    Despatch of the Takeover Documents to Minsec's shareholders will be completed by the end of the week. 


    For additional information please contact:

    Keith Liddell                          )     London    +44 20 7478 5133
    Chief Executive Officer         )     Perth         +61 8 9221 7466

    Martin Eales                          )
    RBC Capital Markets             )                    +44 20 7029 7881


This information is provided by RNS
The company news service from the London Stock Exchange
 
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