ASX listing rule 6.23.2 waiver granted by ASX

PERTH, Australia, May 17, 2013 /CNW/ - Azimuth Resources Limited (ABN 87 089 
531 082) (Azimuth) (ASX, TSX: AZH) hereby advises, further to Section 6.16 of 
the Target's Statement lodged on 9 May 2013, that ASX Limited ("ASX") has 
granted Azimuth a waiver from listing rule 6.23.2 to the extent necessary to 
permit Azimuth to cancel 15,822,581 unquoted options on issue for 
consideration without shareholder approval subject to the following conditions: 
1. The off market takeover bid from Troy Resources Ltd ("Troy") for 
 all Azimuth's shares being declared unconditional.
  2. Troy and its associates obtain voting power of at least 50.1% in 
Yours faithfully, 
Russell Clark
Chief Executive Officer 
Shareholders: Russell Clark Chief Executive Officer Tel: +61 8 9381 2488 
Media: Bill Kemmery Fortbridge Consulting Pty Ltd Tel: +61 2 9003 0499 Tel: 
+61 400 122 449 
SOURCE: Azimuth Resources 
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CO: Azimuth Resources
-0- May/17/2013 02:26 GMT
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