RECEIPT OF INTERIM COURT ORDER (3926W)
January 31 2012 - 2:00AM
UK Regulatory
TIDMEGU
RNS Number : 3926W
European Goldfields Ltd
31 January 2012
Suite 200, Financial Plaza
204 Lambert Street
Whitehorse, Yukon
Canada Y1A 3T2
For Immediate Release
RECEIPT OF INTERIM COURT ORDER
SPECIAL MEETING OF SECURITYHOLDERS
31 January 2012 - European Goldfields Limited (AIM: EGU / TSX:
EGU) ("European Goldfields" or the "Company") announces that the
Supreme Court of Yukon has granted the Company an interim order to
commence the process of securing the required approvals pursuant to
which Eldorado Gold Corporation ("Eldorado") will acquire all of
the issued and outstanding securities of the Company via a plan of
arrangement under the Yukon Business Corporations Act (the
"Arrangement"), as announced on 18 December 2011.
Pursuant to the interim order a special meeting of
securityholders of the Company will be held at the offices of
Stikeman Elliott LLP, 5300 Commerce Court West, Toronto, Ontario
M5L 1B9, Canada on 21 February 2012 at 11:00 am (Toronto time) for
the purpose of approving the Arrangement.
Subject to obtaining the approval of the Company's
securityholders, Eldorado's shareholders and the Supreme Court of
Yukon, and to satisfying certain other conditions, the Arrangement
is expected to close on or about February 24, 2012 and it is
expected that, subject to applicable laws, the common shares of the
Company will be delisted from the TSX and AIM as soon as practical
thereafter. Further details will be released in due course.
The information circular and other materials relating to the
meeting are in the process of being mailed to the Company's
securityholders, and will also be available on the Company's
website (www.egoldfields.com) and on SEDAR (www.sedar.com). Any
questions and requests for assistance regarding voting at the
meeting may be directed to European Goldfields' Proxy Solicitation
Agent:
Phoenix Advisory Partners North American Toll Free:
1-800-243-9416 UK Toll Free: +44 (0) 808-101-1697 Banks, Brokers
and Outside North American collect calls: 201-806-2222 email:
inquiries@phoenixadvisorypartners.com
Other enquiries:
European Goldfields Liberum Capital Limited
Steve Sharpe, SVP Business Development Michael Rawlinson / Tom Fyson
e-mail: info@egoldfields.com Tel: Tel: +44 (0)20 3100 2000
+44 (0)20 7408 9534
Brunswick BMO Capital Markets
Carole Cable / Fiona Micallef-Eynaud Egizio Bianchini / Gary Mattan
e-mail: egoldfields@brunswickgroup.com Tel: +1 (0) 416 359 4001
Tel: +44 (0)20 7404 5959
Lazard & Co., Ltd
Spiro Youakim / Chris Seherr-Thoss
Tel: +44 (0)20 7187 2000
For further information please see the European Goldfields
website at www.egoldfields.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCEAAFEDFSAEFF
European Gold (LSE:EGU)
Historical Stock Chart
From May 2024 to Jun 2024
European Gold (LSE:EGU)
Historical Stock Chart
From Jun 2023 to Jun 2024