AIC Mines and Demetallica Agree to Combine

AIC Mines Limited (ASX: A1M) (“AIC Mines”) and Demetallica Limited (ASX: DRM) (“Demetallica”) are pleased to announce that they have executed a Bid Implementation Deed (“Agreement”) to implement AIC Mines’ off-market takeover offer (“Offer”) for Demetallica on a recommended basis. Under the terms of the Agreement, AIC Mines has agreed to improve its Offer consideration to 1 AIC Mines share for eve