deadline for possible takeover by cfe, page-2

Extract from the CFE bidder statement for COV....NIP has stayed with Copperco in it's entirety

Prior to the completion of the acquisition of the Lady Annie Assets and the
Mineral Securities Acquisition, a restructure was undertaken to ensure that Cape
Lambert acquired a relevant interest in no more than 20% of any ASX listed
company (Restructure). Pursuant to this Restructure, the shareholding in each of
Corvette, Buka Gold, and Tianshan held by Mineral Securities (or entities
controlled by Mineral Securities) exceeding 19.99% (Excess Shares) was sold to
CopperCo or an entity controlled by CopperCo (CopperCo Controlled Entity).
The whole of the shareholding in NiPlats is held by the CopperCo Controlled
Entity. CopperCo and the CopperCo Controlled Entity remain in receivership.
Pursuant to the terms of the Restructure, Cape Lambert will receive the benefit
of any consideration ultimately obtained for the Excess Shares and NiPlats Shares
by the receiver of CopperCo and the CopperCo Controlled Entity. The
CopperCo Controlled Entity was not acquired by Cape Lambert MinSec
pursuant to the Mineral Securities Acquisition and will remain a wholly owned
subsidiary of CopperCo and an entity not associated, controlled by or related to
Cape Lambert