Further re Rusina Mining Shareholders Approve Scheme of Arrangement
02.06.2010 | Globenewswire Europe
2 June 2010 - London: European Nickel PLC ("European Nickel" or the "Company") (AIM, PLUS: ENK) is pleased to announce that the shareholders of Rusina Mining NL ("Rusina") (AIM: RMLA, ASX:RML) approved the scheme of arrangement at today\'s court ordered scheme meeting by an overwhelming majority.Under the terms of the scheme, Rusina shareholders will receive one European Nickel PLC new share (post a one for four consolidation) for every five Rusina shares.
Rusina will now apply to the Federal Court of Australia for orders approving the scheme. Rusina gives notice that, if the scheme is approved by the Court, it intends to lodge the Court orders approving the scheme with Australian Securities and Investments Commission such that the scheme will become effective on and from that date in accordance with section 411(10) of the Corporations Act.
Due to a delay in the approval process relating to the listing of European Nickel on the Australian Securities Exchange, the Company will announce the timetable for the listing process shortly.
For the purposes of ASX Listing Rule 3.13.2 and sections 251AA(1) and (2) of the Corporations Act, Rusina Mining advises that the resolution to approve the Scheme of Arrangement at the court ordered scheme meeting was passed by the requisite majorities as follows:
+---------------------+-------------+-------------+---------+---------+
| | Total* | For | Against | Abstain |
+---------------------+-------------+-------------+---------+---------+
| Votes cast | 141,661,499 | 141,034,466 | 627,033 | 41,918 |
| | | (99.56%) | (0.44%) | |
+---------------------+-------------+-------------+---------+---------+
| Shareholders voting | 267 | 251 | 16 | 3 |
| | | (94.01%) | (5.99%) | |
+---------------------+-------------+-------------+---------+---------+
* Does not include abstentions
For more information, please visit www.enickel.co.uk or contact:
Simon Purkiss or Andrew Lindsay, European Nickel Tel: 020 7290 3130
Andrew Chubb or Tarica Mpinga, Canaccord Genuity Tel: 020 7050 6500
Alex Buck, BuckBias Tel: 07932 740 452
[HUG#1420967]
Unternehmen: European Nickel PLC - ISIN: GB0034265404
