Kimber Resources Inc. is a gold-silver exploration and development company focused in Mexico.
The Company's main project is the 100% owned Monterde project, located in the prolific Sierra Madre
gold-silver belt of northern Mexico. An updated Preliminary Economic Assessment (PEA) was completed
in 2011 showing positive economics using $1,100 gold and $19 silver.
Kimber Resources Inc. is based in Vancouver, British Columbia and trades on the Toronto Stock
Exchange under the symbol “KBR.”
On November 21, 2013, the Company announced that Invecture Group S.A. de C.V. (“Invecture”) had
taken up and paid for 62,902,631 Common Shares that were tendered to the take-over bid offer by
Invecture dated October 10, 2013 (the “Offer”) at price of Cdn$0.15 in cash per Common Share. As a
result of the take up and payment for the Common Shares deposited to the Offer, Invecture now owns
82,902,631 Common Shares, representing approximately 79.2% of the issued and outstanding Common Shares. Invecture intends to acquire the balance of the Common Shares by way of a subsequent acquisition transaction under the procedures available under the Business Corporations Act (British Columbia).
Pursuant to the terms of the Offer, on November 21, 2013, Keith Barron, Gordon Cummings and James
Puplava have resigned as directors of Kimber and Bryan Nethery, Mark Pearson and John Detmold have
been appointed to the board of directors of Kimber. Additionally, the Company accepted the resignations
of the previous management team and appointed as Bryan Nethery as Chief Executive Officer, and Mark
Pearson as Chief Financial Officer and Corporate Secretary of Kimber.
<Click Here> to review any Frequently Asked Questions regarding Kimber's delisting on the NYSE MKT.
2012 Year End
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