6mill dgmo x'ed @ 1.8cents PROPOSED MERGER WITH CAMBRIAN MINING...

  1. 182 Posts.
    6mill dgmo x'ed @ 1.8cents PROPOSED MERGER WITH CAMBRIAN MINING PLC 18/02/2004
    Deepgreen Minerals advise that the processes to obtain Court approval to convene meetings to approve the Scheme of arrangement announced on 2 December 2003 have commenced and draft documents in relation to the scheme have been lodged with the Australian Securities and Investment Commission for its review.

    As advised previously and subject to approval of the Court, shareholders and optionholders, shareholders will receive one Cambrian fully paid ordinary share for every 24 shares they hold in Deepgreen and optionholders will receive one Cambrian fully paid share for every 75 options they hold over Deepgreen shares.


 
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