Perilya (ASX:PEM), the New South Wales zinc, lead and silver miner today confirmed that CBH Resources Limited (CBH) has advised Perilya that a number of matters to be put to Perilya shareholders at its forthcoming Annual General Meeting (AGM) will not be treated as triggering any of CBH’s Bid Conditions (Bid Conditions), if approved by Perilya Shareholders and the actions contemplated by the resolutions implemented. Accordingly, Perilya Directors recommend Perilya shareholder vote in favour of all resolutions to be put at Perilya’s AGM on 25 November 2008.
The relevant resolutions are resolutions 3(b), 4 and 5 as set out in Perilya’s Notice of Annual General Meeting.
As further endorsement of these resolutions and other matters to be put forward at Perilya’s AGM, influential institutional advisor, RiskMetrics Group has advised Perilya that it also recommends Perilya shareholders vote in favour of all resolutions.
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