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ASF Group Tops Up Interest In ActivEX To 36.63%

ASF Group (ASX: AFA) has increased its stake in copper-gold explorer ActivEX (ASX:AIV) to 36.63% with more investors taking up its on-market takeover offer of $0.015 cash per AIV share.

This increases its total shareholding to 130,770,088 shares, up from the previous 125,860,088.

The unconditional on-market takeover offer was made on 13 May 2013 and extends to shares to be issued under ActivEX's Rights Issue.

ActivEX has a portfolio of exploration projects focused on copper and gold across Queensland and one advanced potash project in Western Australia.

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