Kimber Shareholders Approve Subsequent Acquisition Transaction
Kimber Resources Inc. is pleased to announce that at a special meeting held today, Kimber’s shareholders approved the previously announced plan of arrangement between Kimber and Invecture Group, S.A. de C.V. Under the terms of the Arrangement, Invecture will acquire all of the issued and outstanding common shares of Kimber not already owned by Invecture or its affiliates in consideration for Cdn$0.15 in cash for each Common Share. The Arrangement is subject to the satisfaction or waiver of all other conditions of the Arrangement, including the final approval of the Supreme Court of British Columbia.