Marengo Announces Delisting of Marengo Mining (Australia) Limited (“Marengo Australia“)
PERTH, WESTERN AUSTRALIA -- (Marketwire - Jan. 16, 2013) - Marengo Mining (Australia) Limited (TSX:MRN) (ASX:MMC) (POMSoX:MMC) - As announced on Friday, 11 January 2013, the restructure of Marengo Australia to redomicile to Canada by way of a Scheme of Arrangement (Scheme) was implemented.
On implementation, Marengo Australia's shareholders were issued common shares or depositary interests in a new Canadian Company which was initially known as Marengo Mining Canada Limited (ASX Code: "MMC", TSX Code: "MRN", POMSoX Code: "MMC") (Marengo Canada). Marengo Canada's name has now changed to Marengo Mining Limited effective from Monday, 14 January 2013.
Marengo Australia's name change from Marengo Mining Limited to Marengo Mining (Australia) Limited became effective on Friday, 11 January 2013.
Marengo Australia will delist from the Australian Securities Exchange (ASX) and Port Moresby Stock Exchange (POMSoX) from the close of trading today. Marengo Australia ceased trading from market close on Thursday, 3 January 2013.
Summary of Name Change
Country Entity Ticker on each stock exchange
Incorporated Old Name New Name TSX ASX POMSoX
Canada Marengo Mining Canada Ltd. Marengo Mining Ltd. MRN MMC MMC
Australia Marengo Mining Ltd. Marengo Mining (Australia) Ltd. MRN * MGO # MGO #
* De-listed from TSX from close of business on 6 January 2013
# To be de-listed from ASX and POMSoX from close of business on 16 January 2013
Further information
Further details in relation to the Scheme and its implementation are set out in Marengo Australia's Scheme Booklet dated 30 October 2010. Capitalised terms in this announcement have the meanings given in the Scheme Booklet.
Otherwise, please contact either Mark Churchward or John Ribbons on +61 8 9429 0000.
www.marengomining.com
ABN: 57 099 496 474
YANDERA MINING COMPANY LIMITED (COMPANY NO. 1-53202)
MARENGO MINING (PNG) LIMITED (COMPANY NO. 1-76844)
Contact
Marengo Mining Limited
Les Emery, Managing Director/CEO
+61 8 9429 0000
marengo@marengomining.com
Marengo Mining Limited - Australia:
Dean Richardson, VP-Investor Relations
+61 8 9429 0000
deanr@marengomining.com
Marengo Mining Limited - North America:
Victoria Russell, Investor Relations
+1 416 644 8680
investor@marengomining.com
www.marengomining.com