BRIEF-Genesis says directors intend to recommend that shareholders accept takeover offer

Fri, 24 Jan - 10:13am

Jan 24 (Reuters) - Genesis Resources Ltd GES.AX :

* Proposed takeover bid for Genesis Resources Limited GES.AX

* Says directors intend to recommend that all Genesis shareholders accept the Blumont takeover offer

* Says scrip offer implies total market value for Genesis of A$ 32.5 million

* Source text for Eikon News Search ID:nASX5zT27x

* ((For more news, please click here GES.AX ))

((Bangalore Newsroom; +91 80 6749 1130))

URN:

urn:newsml:reuters.com:20140124:nWNBS00AJV:6

Topics:

SG AU FINS CMPNY CMSS BSUP INDS MINE BLR ASIA EMRG DEAL1 LEN MRG RTRS BACT MIN BMAT ASEAN REGS FIN MTAL ISER MEMI

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