TriAusMin Limited Announces Federal Court of Australia Approves Scheme of Arrangement

TriAusMin Limited Announces Federal Court of Australia Approves Scheme of Arrangement


Sydney, Australia (FSCwire) - TriAusMin Limited (ASX:TRO, TSX:TOR) (“TriAusMin” or the “Company”) is pleased to announce that, further to its press releases dated 10 March, 6 June, 15 July, and 28 July 2014, the Federal Court of Australia (“Court”) has today made orders approving the scheme of arrangement (“Scheme”) pursuant to which Heron Resources Limited (ASX: HRR) (“Heron”) will acquire all of the issued ordinary shares of the Company.

It is expected that a copy of the Court’s orders will be lodged with the Australian Securities and Investments Commission tomorrow, 5 August 2014, at which time the Scheme will become effective. If this occurs, the Company will apply for its shares to be suspended from trading on the ASX at the close of trading on 5 August 2014 and on the TSX at the close of trading on 19 August 2014. 

About TriAusMin

TriAusMin is engaged in the exploration and development of base and precious metal deposits in the Lachlan Fold Belt of New South Wales, Australia. TriAusMin’s projects include the Woodlawn Project, the Lewis Ponds Project located near Orange, 200km west of Sydney, as well as a number of other quality exploration properties in the Lachlan Fold Belt.

For further information, please visit www.triausmin.com or contact:

Australia:

Mr Wayne Taylor, Managing Director and Chief Executive Officer:

Tel: +61 02 9299 7800 (Sydney) inquire@triausmin.com

Canada:

Tel: +1 905 727 8688 (Toronto) info@triausmin.com


To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/triausmin08052014.pdf
Source: TriAusMin Limited (TSX:TOR, ASX:TRO) http://www.triausmin.com/

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