Stanmore Resources LtdASX: SMR

Non Binding Indicative Proposal

· Issued by Stanmore Resources Ltd

Filed with ASX · · 7 pages · English

Summary by 6ix AI

Stanmore Resources Ltd has received a non-binding indicative proposal from Winfield Group Investments Pty Ltd for a potential off-market takeover of the company, which may lead to an acquisition of all shares at an indicative cash price range. The proposal is subject to conditions including satisfactory due diligence and securing financing by Winfield Energy, and there is no guarantee it will result in a formal offer. The Board of Stanmore advises shareholders to take no action regarding the proposal at this time.

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