Extract from the report... "Conditions of the Offer The Offer is...

Extract from the report...

"Conditions of the Offer The Offer is subject to a number of conditions, including:
 50.01% minimum acceptance condition;
 no material adverse change occurring to QMC or any of its subsidiaries;
 no material acquisitions, disposals or new commitments by QMC or any of its subsidiaries; and
 no public authority intervention.

Moly has obtained a statement from the Foreign Investment Review Board (FIRB) that it has no objections to Moly acquiring QMC Shares under the Offer.

E.