Lapse of takeover offer for Jacka Resources (Scandinavian Oil-Gas Magazine)

Lapse of takeover offer for Jacka Resources

Published Mar 19, 2014

Tangiers Petroleum Limited confirms that the offer period for its off-market takeover bid for all the shares and listed options in Jacka Resources Limited (Jacka) closed at 7.00pm (Sydney time) on 18 March 2014.

The minimum acceptance conditions to the offers under Tangiers' takeover bid were not met at that time. Accordingly, the offers have now lapsed.

Tags: Tangiers Petroleum Limited

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