13 August 2009 ASX Announcements Court Approval Scheme of Arrangement Sub-Sahara Resources NL advises that the Supreme Court of Western Australia yesterday approved the scheme of arrangement between SBS and its shareholders under which SBS shareholders will receive one share in Chalice Gold Mines Limited for every 10.73 of their SBS shares. SBS intends to lodge a copy of the Court’s order with ASIC on 14 August, which will be the ‘Effective Date’ for the purposes of the scheme.
SBS Price at posting:
3.0¢ Sentiment: Hold Disclosure: Held
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