I haven't been here in a while: Lots has happened, Vanteck
is on its way to acquiring Pinnacle, witht the current tally at VRB having 35 % of the company.
Latest release:
Vanteck extends bid for Pinnacle
Vanteck (VRB) Technology Corp VRB
Shares issued 26,712,806 Sep 6 close $1.61
Fri 7 Sept 2001 News Release
Mr. Rodney Duncan reports
Vanteck (VRB) Technology has given notice, as required by applicable
Canadian securities laws and by Section 650D of the Corporations Act to the
Australian Securities and Investment Commission (ASIC) that:
(a) Vanteck proposes to vary the takeover offers dated July 30, 2001, for
all of the ordinary shares in Pinnacle VRB Limited by extending the period
during which the offers will remain open, so that they will now close at 7
p.m. (Melbourne time) on Sept. 21, 2001; and
(b) the offers are varied by replacing Sept. 21, 2001, for Sept. 7, 2001,
in clause 10.3 of the offer and under the important dates, president's
letter and the summary of Vanteck's offer sections.
No other modification of the bidder's statement relating to the offers is
necessary having regard to the above variation. |
