March 20 (Reuters) - Czr Resources Ltd CZR.AX:
NON-BINDING, INDICATIVE AND CONDITIONAL OFFER FOR CZR
PROPOSAL FROM GOLD VALLEY IRON ORE PTY
PROPOSAL TO ACQUIRE ALL CZR SHARES FOR CASH CONSIDERATION OF A$0.31 PER CZR SHARE
CZR BOARD CONTINUES TO RECOMMEND FENIX OFFER
Further company coverage: CZR.AX
((Reuters.Briefs@thomsonreuters.com;))