Updated Merger Timetable
23 April 2010 - 7:15PM
UK Regulatory
TIDMRMLA TIDMENK
RNS Number : 6856K
Rusina Mining NL
23 April 2010
Updated Merger Timetable
23 April 2010 - Perth and London: Rusina Mining NL ("Rusina") (AIM: RMLA, ASX:
RML) and European Nickel PLC ("European Nickel") (AIM/PLUS: ENK) are pleased to
provide an update to the timetable for the proposed merger of the companies by
way of a Scheme of Arrangement in Rusina.
The timetable has been extended due to an unavailability of court dates. Please
note that the following timetable is indicative only and may be subject to
change.
+-------------------------------------------------+---------------+
| First Court Hearing to approve the Scheme | 30 April 2010 |
+-------------------------------------------------+---------------+
| Mailing of Scheme Booklet to Shareholders | 3 May 2010 |
+-------------------------------------------------+---------------+
| Scheme Meeting | 2 June 2010 |
+-------------------------------------------------+---------------+
| Second Court Hearing to approve the Scheme | 9 June 2010 |
+-------------------------------------------------+---------------+
| Last day for trading in Rusina shares on ASX | 10 June 2010 |
| and AIM after close of business of the | |
| respective exchanges | |
| Scheme becomes binding (Effective Date) | |
+-------------------------------------------------+---------------+
| Record Date | 5.00pm (WST) |
| Time for determining entitlements to Scheme | on |
| Consideration | 18 June 2010 |
+-------------------------------------------------+---------------+
| Cancellation of Rusina shares on AIM | 7.00am (BST) |
| | on |
| | 21 June 2010 |
+-------------------------------------------------+---------------+
| Merger Implementation Date | 21 June 2010 |
| Scheme Consideration issued to Scheme | |
| Participants | |
+-------------------------------------------------+---------------+
| European Nickel CDIs commence trading on ASX | 24 June 2010 |
| (subject to ASX approval) and New Shares | |
| commence trading on AIM (subject to AIM | |
| approval) | |
+-------------------------------------------------+---------------+
For more information, please visit www.enickel.co.uk or www.rusina.com.au or
contact:
+---------------------------------+---------------------------------+
| European Nickel | Rusina Mining |
+---------------------------------+---------------------------------+
| Simon Purkiss or Andrew Lindsay | Robert Gregory or Mark Hanlon |
| European Nickel | Rusina Mining |
| Tel: +44 20 7290 3130 (London) | Tel: +61 8 9226 1111 (Perth) |
| | |
| Andrew Chubb or Tarica Mpinga | Roland Cornish |
| Canaccord Adams | Beaumont Cornish |
| Tel: +44 20 7050 6500 | Tel: +44 20 7628 3396 |
| | |
| Alex Buck | Kevin Skinner |
| BuckBias | Field Public Relations |
| Tel: +44 7932 740 452 | Tel: +61 8 8234 9555 or / +61 |
| | 414 822 631 |
+---------------------------------+---------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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