Cancellation of Trading on AIM
14 Juni 2010 - 3:53PM
UK Regulatory
TIDMAFNR
RNS Number : 5782N
AfNat Resources Limited
14 June 2010
AfNat Resources Limited ("AfNat" or "the Company")
Scheme of Arrangement Effective & Cancellation of Listing on AIM
The Board of AfNat is pleased to announce the completion of the acquisition by
AXMIN Inc. ("AXMIN") of the AfNat Shares by way of a scheme of arrangement under
the laws of Bermuda. The listing of AfNat shares on AIM will be cancelled with
effect from 7a.m. on 15 June 2010.
The New AXMIN Shares have been issued by AXMIN and admission to trading of the
New AXMIN Shares on TSX Venture Exchange is expected at 9.30a.m. (EDT) on 14
June 2010 or as soon as reasonably practicable thereafter. It is expected that
certificates for the New AXMIN Shares will be dispatched by 25 June 2010.
Further information on AXMIN can be found on their website at www.axmininc.com.
A copy of the Scheme document is available on the Company's website at:
www.afnatresources.com.
For the avoidance of doubt, the Company is not subject to the City Code and
accordingly investors should be aware that they are not afforded the protections
of the City Code.
Words and expressions defined in the Scheme Document shall have the same
meanings when used in this announcement unless the context otherwise requires.
Enquiries:
+----------------+----------------------+----------------+
| AfNat | David de Jongh | T: +44 20 7881 |
| Resources | Weill, | 0180 |
| Limited | Non-Executive | |
| | Chairman | |
+----------------+----------------------+----------------+
| | | |
+----------------+----------------------+----------------+
| Seymour Pierce | Nicola | T: +44 20 7107 |
| Limited | Marrin/Catherine | 8000 |
| | Leftley | |
+----------------+----------------------+----------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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