Atlantic Gold NL : Federal Court approves Scheme with Spur Ventures Inc.

6 August 2014
Market Announcements Office
Australian Securities Exchange
10th Floor, 20 Bridge Street
Sydney NSW 2000
Federal Court of Australia approves scheme of arrangement

Atlantic Gold NL ABN 82 062 091 909 (ASX:ATV) (Atlantic) is pleased to announce that the Federal Court of Australia has today made orders approving the scheme of arrangement between Atlantic and its shareholders, under which it is proposed that Spur Ventures Inc. ARBN 600 024 397 (Spur) will acquire all of the ordinary shares on issue in Atlantic (Scheme).
The Federal Court's approval of the Scheme follows approval of the Scheme by
Atlantic shareholders by the requisite majorities at the Scheme meeting held on
31 July 2014.
The orders of the Federal Court approving the Scheme are expected to be lodged with the Australian Securities and Investments Commission on Thursday, 7
August 2014, at which time the Scheme will become legally effective.
The implementation date for the Scheme is expected to be Thursday, 21 August
2014 and the Scheme consideration, comprising either Spur common share CDIs and Spur share purchase warrant CDIs quoted on the Australian Securities Exchange (ASX) or Spur common shares and Spur share purchase warrants quoted on the TSX Venture Exchange (TSXV), is expected to be issued to Atlantic shareholders on Thursday, 21 August 2014.
The following table sets out the envisaged timetable for implementation of the
Scheme:

EVENT DATE

Effective date	Thursday 7 August 2014
Last day of trading in Atlantic shares on ASX	Thursday 7 August 2014
Spur common share CDIs and Spur share purchase warrant CDIs commence trading on ASX on a deferred settlement basis	Friday 8 August 2014
Record date - Time and date for determining entitlement to Scheme consideration	5:00 pm (Sydney time) on Thursday 14 August 2014
Deadline for receipt by the Atlantic share registry of election forms in relation to Scheme consideration	5:00 pm (Sydney time) on Thursday 14 August 2014
Implementation date - Transfer of Atlantic shares to Spur	Thursday 21 August 2014
Issue of Scheme consideration to Atlantic shareholders	Thursday 21 August 2014

Suite 506

815 Pacific Highway

Chatswood NSW 2067

Australia

t (612) 9410 0993 f (612) 9410 0958

Atlantic Gold NL

ABN 82 062 091 909 www.atlanticgold.com.au

Page 2

EVENT DATE

New Spur common shares and new Spur share purchase warrants issued to Atlantic shareholders as Scheme consideration (instead of Spur common share CDIs and Spur share purchase warrant CDIs) commence trading on TSXV	Thursday 21 August 2014 (Toronto time)
Spur common share CDIs and Spur share purchase warrant CDIs commence trading on ASX on a normal trading basis	Friday 22 August 2014

As set out in the scheme booklet prepared by Atlantic dated 26 June 2014, persons who are recorded on the Atlantic share register as the holder of either fully paid or partly paid ordinary shares in Atlantic at 5:00 pm (Sydney time) on Thursday, 14 August 2014 may elect to receive Scheme consideration in the form of new Spur common shares and new Spur share purchase warrants which are listed on TSXV and which can only be traded on TSXV, instead of Spur common share CDIs and Spur share purchase warrant CDIs which are quoted on ASX and which can only be traded on ASX.
If an Atlantic shareholder does not make an election, he/she will be deemed to have elected to receive Spur common share CDIs and Spur share purchase warrant CDIs. If an Atlantic shareholder wishes to make this election, he/she should contact the Atlantic share registry on 1300 850 505 (within Australia) and
[phone] (outside Australia) and ask them to provide an election form. The Atlantic shareholder should then complete and return the election form in accordance with the instructions on that form. The deadline for receipt of election forms is by 5:00pm (Sydney time) on Thursday 14 August 2014.
As the Federal Court of Australia has approved the Scheme, the proposed sale by Atlantic of its wholly-owned Canadian subsidiary, DDV Gold Limited, to Spur which was approved by Atlantic shareholders at the Extraordinary General Meeting held on 31 July 2014 will not proceed.

Wally Bucknell
Managing Director
For further information please contact: Wally Bucknell, Managing Director Atlantic Gold NL
P: [phone]
E: [e-mail]