The Diggers & Dealers presentation said:" The Transaction (...

The Diggers & Dealers presentation said:

" The Transaction ( buyout by SLR) has the support of Integra's two
major shareholders".

The same report also said:

" Acorn Capital..........6.1%
Baker Steel..............5.9%
J P Morgan (UK).......4.8%
Van Eck Global........5.0% "

Given that Acorn Capital & Baker Steel are "Integra's two major shareholders"
with a combined holding of 12% of integra does not mean that the majority
of IGR's shareholders are in favour of the deal.

There has been no statement issued yet re IGR's options.
The 31 July 2012 cash flow report said that 19.621 million options were
on issue; of which 11.85 mil were @ 45c or less. It will be interesting
to see the deal's treatment of these options pans out.

With kind regards
Moorookamick