Frontier Mining Ltd – Completion of Re-domicile

Frontier Mining Ltd – Completion of Re-domicile

Further to the announcement on 18 October 2010 regarding the proposed re-domicile of the holding company of the group from Delaware, USA to the Cayman Islands, in which it was stated that the proposals required certain permits, waivers and consents from certain Kazakhstan government bodies to be granted, the Company has been advised that, in respect of the Re-domicile, it is only required to submit a notification to the Kazakhstan Ministry of Industry and New Technology. The Company has now submitted the notification and accordingly the Re-domicile will now be implemented and will become effective on Tuesday 21 December 2010.
 
It is expected that the admission to AIM will become effective and dealings will commence in the new FML (Cayman) shares at 8 a.m. on 22 December 2010. The admission of FML (Delaware) shares to trading on AIM is also expected to be cancelled at 8.00 a.m. on 22 December 2010.
 
Further announcements regarding the completion of the acquisition of the remaining 50% interest in the Benkala Copper Project and the 100% interest in the Maminksaya Gold Project from Coville Intercorp Ltd will be made in due course.

No Comments

Post a Comment