PDY padbury mining limited

PADBURY MINING LIMITED (ASX:PDY) – REQUEST FOR EXTENSION OF...

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    PADBURY MINING LIMITED (ASX:PDY) – REQUEST FOR EXTENSION OF VOLUNTARY
    SUSPENSION

    Pursuant to Listing Rule 17.2, Padbury Mining Limited (Padbury or the Company) hereby
    requests that its listed securities remain in suspension, pending the finalisation of an
    announcement (Announcement) to the market regarding the shareholders' agreement referred
    to in Padbury's announcement of 11 April 2014 (Shareholders' Agreement).

    Padbury expects to make the Announcement before the commencement of trading on 23 April
    2014 (Suspension Termination Date). As such, the Company requests an extension until the
    Suspension Termination Date.

    The information required to be provided under Listing Rule 17.2 is as follows:
    1. Reason for extension of suspension - The reason for the extension of the suspension
    is that Padbury is seeking the following from the counterparties to the Shareholders'
    Agreement:

    a. information in respect of their capacity to meet their funding obligations under the
    Agreement; and

    b. their consent to disclose the Agreement in its entirety with the Announcement.
    2. Duration of the extended suspension – Padbury expects to make the Announcement
    before the commencement of trading on 23 April 2014.
 
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Currently unlisted public company.

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