Allegiance Mining NL was listed on the Australian Securities Exchange on 29 October 1993 and on December 17, 2008, Allegiance received a bid from Ziniflex Australia Limited ("Ziniflex") at $0.90 cents per share, but the Board initially rejected this bid, but on February 22, 2008, the Board recommended shareholders accept the increased offer of $1.10 per share.
Allegiance Mining NL was listed on the Australian Securities Exchange on 29 October 1993 and on December 17, 2008, Allegiance received a bid from Ziniflex Australia Limited ("Ziniflex") at $0.90 cents per share, but the Board initially rejected this bid, but on February 22, 2008, the Board recommended shareholders accept the increased offer of $1.10 per share.