Level 11, 139 Macquarie Street, Sydney, NSW, 2000
Murchison Metals Ltd (the Company) advises that one of its substantial shareholders, POSCO, which has voting power of 13.45% of the Company's shares, has decided to accept the buy-back offer.
As foreshadowed in the Shareholder Booklet, Mr Soocheol Shin, who was nominated as a non- executive director of the Company by POSCO, intends to resign as a director on completion of the buy- back offer. A replacement director will be advised following this event.
-ENDS-
Mark Licciardo
Company Secretary Murchison Metals Ltd Ph +61 3 8689 9997
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