Padbury Mining Limited: Implementation of Padbury and Aurium Merger
30.10.2012 | ABN Newswire
13:56 AEST Oct 29, 2012 ABN Newswire (C) 2004-2012 Asia Business News PL. All Rights Reserved.Perth, Australia (ABN Newswire) - Padbury Mining Limited (ASX:PDY) is pleased to announce that its merger with Aurium Resources Limited (Aurium) (ASX:AGU) was successfully implemented today.
The Padbury Board is excited about taking Padbury and the Peak Hill Iron Project forward as we work towards the growth of our company.
Trading in new shares and options
Confirmation statements for the new shares and options issued by Padbury in connection with the merger will be despatched today. The new shares and options will commence trading on a normal basis tomorrow.
An Appendix 3B in respect of the new shares and options, which updates the information provided in the Appendix 3B lodged by Padbury on 15 October 2012, is enclosed with this announcement.
Aurium delisting
Aurium will be removed from the official list of ASX shortly.
View the full release here:
http://media.abnnewswire.net/media/en/docs/ASX-PDY-610651.pdf
About Padbury Mining Limited:
Padbury Mining Limited (ASX:PDY) is a Perth-based, ASX-listed mineral exploration company focused on the development of its significant iron ore assets in Western Australia's Mid West region.
The company's flagship Peak Hill Iron Joint Venture is a highly prospective magnetite and hematite iron ore project located at Robison Range, about 450km north east of Geraldton.
The Company has a solid program of work planned to develop the Peak Hill project over the next three years, with production targeted for 2015-2016.
About Aurium Resources Limited:
Aurium Resources Limited (ASX:AGU) is an Australian exploration company engaged in the exploration for uranium and other mineral resources.
Contact:
Further enquiries
Gary Stokes
Managing Director, Padbury Mining Limited
T: +61 8 6460 0250
Terry Quinn
Executive Chairman, Padbury Mining Limited
T: +61 8 6460 0250
