Illuminator Investment Company Limited (NSX:IIC) made an offer to acquire Florin Mining Investment Company Limited (NSX:FMI) on February 9, 2023. Illuminator will issue 1 share in exchange of 2 shares of Florin Mining. As of February 24, 2023, the board of Florin Mining Investment Company Limited unanimously recommends the shareholders to accept the offer.

The deal is subject to minimum tender. As of April 14, 2023. In accordance with sections 630(4) and (5)(a) of the Corporations Act, Illuminator notifies you that the Defeating Condition in clause 7.1(a) of Annexure 1 of the Bidder?s Statement has now been fulfilled.

The offer is expected to expire on March 27, 2023. As of March 20, 2023, offer is expected to close on April 24, 2023. As of April 17, 2023, transaction is expected to close on May 22, 2023.

As of May 22, 2023. Illuminator Investment Company Limited (NSX:IIC) acquired 0.024 million shares in Florin Mining Investment Company Limited (NSX:FMI). The transaction is expected to close on July 17, 2023.

As of August 14, 2023 , the transaction is expected to close on September 11, 2023. As of September 11, 2023, the offer has been extended till October 9, 2023. As on October 9, 2023, the offer has been extended till November 6, 2023.

Rees Pritchard Pty. Limited acted as financial advisor and Hamilton Locke acted as legal advisor to Illuminator Investment Company Limited. Findex Corporate Finance (Aust) Ltd acted as a fairness opinion provider to Florin Mining Investment Company Limited.