ASX Announcement
Thursday 10th September 2015
Sirius Resources NL
ASX code: SIR
ABN: 46 009 150 083
Head office:
253 Balcatta Road
Balcatta, Western Australia 6021
Postal address:
PO Box 1011
Balcatta, Western Australia 6914
Tel: +61 8 6241 4200
Fax: +61 8 6241 4299
Email:
admin@siriusresources.com.au
SCHEMES OF ARRANGEMENT BECOME EFFECTIVESirius Resources NL (ASX:SIR) ("Sirius" or the "Company") advises that it has lodged with the Australian Securities and Investments Commission ("ASIC") a copy of the orders of the Federal Court of Australia approving the schemes of arrangement between Sirius and its shareholders in relation to the proposal by Independence Group NL to acquire all the shares in Sirius by an acquisition scheme of arrangement between Sirius and its shareholders ("Acquisition Scheme"), and the demerger of the Polar Bear and Scandinavian assets into S2
Resources Ltd ("Demerger Scheme").
As a result, the Acquisition Scheme and the Demerger Scheme are now effective. A copy of the Court orders as lodged with ASIC are attached.
It is expected that Sirius shares will be suspended from quotation on the ASX
with effect from the close of normal trading today.
Web:
www.siriusresources.com.au
Projects:
Fraser Range nickel-copper, gold Polar Bear gold, nickel For further information, please contact: Sirius Media:Anna Neuling Warrick Hazeldine / Luke Forrestal
Director - Corporate & Commercial Cannings Purple
+61 8 6241 4200 +61 417 944 616 / +61 411 479 144
www.siriusresources.com.au
Federal Court of Australia
District Registry: Western Australia
Division: General
Plaintiff
ORDERNo: WAD365/2015
JUDGE: | JUSTICE MCKERRACHER |
DATE OF ORDER: 09 September 2015 | |
WHERE MADE: Perth |
1. Pursuant to section 411(4)(b) of the Corporations Act 2001 (Cth) (Act), the demerger scheme of arrangement between the Plaintiff and its members, as set out in Annexure "ACN-47" to the affidavit of Anna Ceridwen Neuling affirmed on 29 July 2015, is approved.
2. Pursuant to section 411(12) of the Act, the Plaintiff be exempted from compliance with section 411(11) of the Act in relation to the demerger scheme of arrangement referred to in order 1.
3. Pursuant to section 411(4)(b) of the Act, the acquisition scheme of arrangement between the Plaintiff and its members, as set out in Annexure "ACN-50" to the affidavit of Anna Ceridwen Neuling affirmed on 29 July 2015, is approved.
4. Pursuant to section 411(12) of the Act, the Plaintiff be exempted from compliance with section 411(11) of the Act in relation to the acquisition scheme of arrangement referred to in order 3.
Date that entry is stamped: 9 September 2015
Prepared in the Western Australia District Registry, Federal Court Of Australia
Peter Durack Commonwealth Law Courts Building, Level 6, 1 Victoria Avenue, Telephone 08 9268 7100
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