April 11, 2013 09:30 ET
Cerro Resources Scheme of Arrangement: Date for Second Court Hearing Changed
LONGUEUIL, QUEBEC--(Marketwired - April 11, 2013) - Cerro Resources NL (Cerro or Company)(ASX:CJO)(TSX VENTURE:CJO) wishes to advise that due to Court scheduling, the date for the Second Court Hearing for approval of the Schemes (as described in Cerro's announcement on March 22, 2013 and the Scheme Booklet) has been changed.
Importantly, the date, time and venue for the meetings of Cerro's shareholders and option holders remain unchanged. That is, all meetings for this matter will continue to be held on Tuesday, 30 April 2013 in the Surveyor's Room, Ground Floor, Treasury Casino (Hotel Building), 130 William Street, Brisbane Queensland, 4000, with the first meeting (being the General Meeting) commencing at 10am (Brisbane time).
The new date for the Second Court Hearing and subsequent dates, including the new Record Date, are set out in the following table.
EVENT | DATE |
Second Court Hearing for approval of the Schemes | 10.15am Wednesday, 8 May 2013 |
Effective Date: Schemes take effect | Wednesday, 8 May 2013 |
Last date Cerro Shares trade on ASX with an entitlement to participate in the Share Scheme | Wednesday, 8 May 2013 |
Last date Cerro Shares trade on TSXV with an entitlement to participate in the Share Scheme | Wednesday, 8 May 2013 |
Record Date: Time and date for determining entitlements under the Transaction | 5pm (Brisbane time) on Wednesday, 15 May 2013 |
In-specie distribution of Santana Shares to Scheme Shareholders | Tuesday, 21 May 2013 |
Transfer of Spinout Assets to Santana | Wednesday, 22 May 2013 |
Transfer of Scheme Shares to Primero and issue of New Primero Shares to Scheme Shareholders | Thursday, 23 May 2013 |
Variation of Scheme Options | Thursday, 23 May 2013 |
Despatch of entitlement certificates | Thursday, 23 May 2013 |
Issue of Subscription Shares to Primero | Friday, 24 May 2013 |
Admission of Santana Shares to official list of the ASX | Friday, 24 May 2013 |
Please note, this timetable and the dates noted (including references to dates through the Scheme Booklet) are indicative only, are subject to change and among other things, are subject to all necessary approvals being obtained. Cerro may vary any of these times and dates without directly notifying Cerro Shareholders and Cerro Optionholders. Any further changes to the timetable will, however, be announced through the ASX, TSXV and notified on Cerro's website at [ www.cerroresources.com ].
All times and dates referred to are times and dates in Brisbane, Australia, unless otherwise indicated.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.