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Elemental Minerals To Update Market On Dingyi Group Takeover Offer

Elemental Minerals' (ASX: ELM) shares have been placed in pre-open after it was granted an ASX trading halt relating to a development in respect of Dingyi Group Investment's takeover offer.

The halt will remain in place until the opening of trade on Friday 20th December 2013, or earlier if an announcement is made to the market.

Dingyi had 12 November 2013 extended its off-market takeover offer to 31 January 2014.

It is offering A$0.66 per elemental share and had on 26 November secured acceptances representing 31.61% of Elemental's shares.

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