ELEMENTAL MINERALS LTD - UPDATE Below is a shareholder update from Elemental Minerals Ltd ELM released on 12th November 2013 regarding the extension to the proposed takeover offer of ELM until 31st January 2014. I have followed the progress of ELM from when the Sintoukola Potash Project was first awarded to ELM and I continue to have a substantial amount of client funds invested in ELM. Currently the share price is 44 cents which is a 33% discount to the offer price of 66 cents and the offer has now been extended several times which can be frustrating for shareholders. As stated below in the update: “Shareholders can each expect to receive written notice of this variation to the closing date of the Dingyi Offer together with the process by which any Shareholder who has accepted the Dingyi Offer may withdraw that acceptance.” If you would like to discuss this offer or be kept up to date on the progress of this offer please let me know. I would be happy to provide assistance with regard to the progress of this takeover or your personal investment needs. My contact details are (W)(08) 9263 1145 or by return email. Please visit www.psl.com.au for other services provided. Regards, Stephen Shreeve Private Client Adviser
K2P Price at posting:
43.5¢ Sentiment: None Disclosure: Held
