Notice

Gryphon Minerals Limited – Teranga Gold Corporation Scheme of Arrangement

What's this about:
Notice reference number: 1151.16.09
Date published: 28/09/16
Effective as of: 29/09/16
Last updated: 28/09/16

Shareholders in Gryphon Minerals Limited (the “Company”) voted in favour of the Scheme of Arrangement (the “Scheme”) giving effect to the merger with Teranga Gold Corporation (“Teranga”) at a meeting held on 23 September 2016.  The Scheme was approved by the Federal Court of Australia on 28 September 2016.

Under the Scheme, shareholders in the Company will receive 0.169 Teranga Chess Depository Interests (“CDI’s”) for each Company share held or, if so elected, 0.169 Teranga shares for each Company share held at the record date.

The following timetable applies to the Scheme:

23 September 2016

Scheme meeting held.

28 September 2016

Second Court Hearing to approve the Scheme.

29 September 2016

Effective date – court orders approving the Scheme to be lodged with ASIC and ASX.

29 September 2016

Shares in the Company are suspended from trading on ASX at close of trading.

6 October 2016

Record date.

13 October 2016

Implementation date, Issue of the Scheme CDI’s and Shares.

What do I need to do by when?

For further details of the Scheme, refer to the Scheme booklet dated 17 August 2016, released on 17 August 2016. 

Need more information?

Issued by

Jill Hewitt, Senior Adviser, Listings Compliance (Perth)

Contact information

Jill Hewitt
+61 (08) 9224 0000
info@asx.com.au

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