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Ramelius Resources Provides Letter to Dioro Shareholders
Tuesday October 20, 2009, 9:13 am

Original Announcement: Letter to Dioro Shareholders

Ramelius Resources released a letter to Dioro shareholders, informing that over 580 Dioro shareholders have now accepted Ramelius 2-for-1 scrip offer, taking Ramelius shareholding in Dioro to approximately 23.4% (as at 13 October 2009). Due to the recent surge in acceptances, Ramelius has extended its offer until Monday 2 November 2009 (unless extended again). The Ramelius offer is unconditional and remains at a premium to recently traded Dioro share prices (as at 13 October 2009). Ramelius is also issuing shares to accepting Dioro shareholders within three business days of receiving their duly completed forms. Ramelius advised further that it and Avoca Resources now together hold more than two-thirds of Dioro's issued shares, leaving minority Dioro shareholders with approximately 32% of the company (as at 13 October 2009).

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