Australian miner Atlas Iron has announced that as of Monday, September 19 it has received acceptances for its off-market takeover bid for emerging Australian mineral exploration company FerrAus which entitle Atlas to a relevant interest in 83.77 percent of FerrAus ordinary shares.
As SteelOrbis previously reported, Atlas also reminded FerrAus shareholders that if they accept Atlas Iron's offer of one Atlas share for every four FerrAus shares prior to the close of trading on Wednesday, September 21, 2011, they will be entitled to receive Atlas Iron's A$0.03 dividend per share, payable on October 10, 2011.