March 11 (Reuters) - Gindalbie Metals Ltd (GBG) :
- PROPOSES TO DEMERGE ITS UNIT CODA MINERALS, TO GINDALBIE SHAREHOLDERS, ANSTEEL TO ACQUIRE GINDALBIE FOR CASH CONSIDERATION
- DEAL FOR $0.026 CASH FOR EACH OF SHARES IN GINDALBIE
- INDEPENDENT DIRECTORS UNANIMOUSLY RECOMMEND SHAREHOLDERS TO APPROVE ACQUISITION SCHEME, IN ABSENCE OF SUPERIOR PROPOSAL
