🕐06.12.10 - 00:27 Uhr

Riversdale Mining [ASX: RIV] - Media Release About Possible Takeover Bid



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Riversdale Mining [ASX: RIV] - Media Release About Possible Takeover Bid

Riversdale Mining (ASX: RIV) refers to reports in today�s editions of the Australian and the Australian Financial Review concerning a possible takeover bid by Rio Tinto for the Company.

>From time to time the Company enters into confidential, non-binding discussions with third parties concerning possible transactions at either the corporate level or the asset level.

The Company has had discussions with Rio Tinto concerning a possible transaction at the corporate level for indicative consideration of $15.00 per Riversdale share.

These discussions were undertaken in confidence and Rio Tinto advised the Company that it is not in a position to submit a proposal for the potential acquisition of the Company.

While discussions with Rio Tinto are ongoing, there is no certainty that Rio Tinto or any other party will proceed with any proposal for the acquisition of Riversdale or, if it does, the timing of such a proposal or the terms and conditions on which any such proposal will be made.

If the Company becomes aware of any additional information, requiring disclosure in compliance with its continuous disclosure obligations, the Company will provide that information to the ASX in compliance with those obligations.

For further information, please contact:

Michael O�Keeffe
Executive Chairman
Ph: +612 8299 7900

Steve Mallyon
Managing Director
Ph: +612 8299 7900

Niall Lenahan
CFO
Ph: +612 8299 7900

or

Media: Fortbridge
Bill Kemmery
Ph: +612 9331 0655
Mob: +61 400 122 449
Email:


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