Sedimentary Holdings Limited has noted the announcement by
AuSelect Limited of its intention to make a conditional takeover
offer for all of the ordinary shares of Sedimentary.
The Board of Sedimentary will meet as soon as possible to
consider the offer and will provide further advice to shareholders
in due course.
In the meantime, shareholders are strongly advised to take no
action in relation to the offer.
Presently trading at 29 cents