GPN greater pacific gold limited

what is the likely implication of this decsion for both gpn and...

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    what is the likely implication of this decsion for both gpn and yrr now someone more clue than me, please ?

    I take it the losing party was DS and gang, so will there be dumping of both gpn and yyr on market, or a rally in Shareprice as drilling programs perhaps under a cloud until this decision was known, are now free to commence ?



    AURIUM RESOURCES LIMITED
    ABN: 63 123 821 929
    35 Great Eastern Highway
    Rivervale WA 6103
    Telephone: (08) 9361 5400
    Facsimile: (08) 9361 5900
    [email protected]
    19 May 2009
    ANNOUNCEMENT
    By its decision delivered earlier today, the Federal Court of Australia dismissed the application by
    Grand Enterprises Pty Ltd and Meroliza Pty Ltd as shareholders of Aurium Resources Limited (“the
    Company”) to restrain the Company from issuing the shares to Greater Pacific Gold Ltd for which
    the approval of the Company’s shareholders was sought at the General Meeting held on 26 March
    2009.
    GRAHAM D. ANDERSON
    Company Secretary
 
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