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FSE - Firestone Energy Limited - Offer to Major Shareholder, withdrawal of

Release Date: 04/10/2010 12:25
Code(s): FSE
Wrap Text

FSE - Firestone Energy Limited - Offer to Major Shareholder, withdrawal of cautionary and lifting of trade halt FIRESTONE ENERGY LIMITED (formerly: Centralian Minerals Limited) (Incorporated in Australia) (Registration number ABN 058 436 794) Share code on the JSE Limited: FSE Share code on the ASX: FSE ISIN: AU000000FSE6 (SA company registration number 2008/023973/10) ("FSE" or "the Company") Offer to Major Shareholder, withdrawal of cautionary and lifting of trade halt Offer to major shareholder Firestone Energy Limited has been informed by a major shareholder that they were in receipt of a written offer by a third party to acquire a significant portion of their shareholding in the Company. Firestone was also informed that this offer has since been rejected by the major shareholder. Further information can be obtained by contacting the persons below on +61 (08) 9381-2755. John Dreyer Jerry Monzu Chairman Company Secretary www.firestoneenergy.com.au Withdrawal of cautionary and lifting of trade halt With reference to the cautionary announcement and trading halt published on SENS on 01 October 2010 shareholders are advised that trading will resume in the securities of the Company at the commencement of trade on 5th October 2010 and Shareholders are advised that the contents referred to in the cautionary announcement have ceased to have any relevance or effect on the company, caution is no longer required to be exercised by shareholders when dealing in their securities. About Firestone Energy Firestone Energy is an independent Australian exploration company focused on developing coal projects in South Africa. The company is currently exploring the richly endowed Waterberg coal field in Limpopo Province of South Africa. The Company is committed to value-added growth through becoming an independent coal and energy produces at its projects in South Africa. The Company has entered into three joint ventures with Sekoko Resources, a South African black empowerment company (BEE) and Sekoko has two directors on the Board of Firestone Energy. Corporate Details ASX: FSE Issued Capital: 2,331 million ordinary shares Major Sharholders: Sekoko Resources (Pty) Ltd Colbern Fiduciary Nominees Ltd Bell Potter Nominees Ltd Directors and Officers: John Dreyer (Chairman) Timothy Tebeila (Deputy Chairman) Colin McIntyre John Wallington Company Secretary Jerry Monzu Contact: Level1, 63 Hay Street Subiaco, Western Australia 6008 Tel: +61 (0)8 9381 2755 Web: www.firestoneenergy.com.au Pretoria 04 October 2010 Sponsor and Corporate Advisor River Group Date: 04/10/2010 12:25:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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