Cancellation of trading (6639W)
23 Noviembre 2010 - 6:07AM
UK Regulatory
TIDMGPN
RNS Number : 6639W
Gladstone Pacific Nickel Limited
23 November 2010
23 November 2010
GLADSTONE PACIFIC NICKEL LIMITED
(ACN 104 261 887)
Cancellation of Shares from AIM and QNI Takeover Result
Cancellation of GPNL's Shares from AIM
Gladstone Pacific Nickel Limited (the "Company") announces today
that it has been unable to appoint a replacement Nominated Advisor
for the purposes of the AIM Rules for Companies. Pursuant to AIM
Rule 1, the Company's AIM securities will be cancelled from AIM
effective 7:00am 24 November 2010 (GMT).
Shareholders wishing to assign their shares in the Company will
need to sell their shares off market. Depository interest holders
will be able to transfer their shares using the CREST system while
certificated shareholders will need to complete a share transfer
form in order to assign their shares to another party.
Depository interest holders and certificated shareholders on the
Company's United Kingdom or Canadian share register can contact
Computershare in respect to the assignment of their shares to a
third party as indicated below.
Computershare
The Pavilions
Bridgwater Road
Bristol BS13 8AE
United Kingdom
Telephone: +44 (0)870 707 1019
Certificated shareholders on the Company's Australian share
register can contact the Company Secretary as indicated below:
Julien McInally
Company Secretary
PO Box 10267
Adelaide Street
Brisbane QLD 4000
Australia
Telephone: + 61 7 3231 7100
Email: info@gladstonepacific.com.au
Result of QNI Takeover Offer
The Company has been advised by QNI Resources Pty Ltd ("QNI")
that QNI received 3,899,105 acceptances in respect to their
takeover bid which closed on 25 October 2010. QNI will, after
processing of the acceptances hold 39,394,338 ordinary shares in
the Company representing 55.53% of the Company's ordinary shares on
issue. QNI is wholly owned by Mr Clive Palmer a director of the
Company.
ENDS
For more information or comment
Julien McInally - Gladstone Pacific Nickel Ltd
Tel:+61(0)7 3231 7100
Email: info@gladstonepacific.com.au
Gladstone Pacific Nickel Limited is an Australian mining
development company presently undertaking an Integrated Definitive
Feasibility Study for the Gladstone Nickel Project. The Company's
vision is to build a major long-life nickel cobalt refinery at the
deepwater Port of Gladstone, in Central Queensland, Australia,
treating abundant high grade nickel laterite ores from New
Caledonia and other south-west Pacific islands, underpinned by
beneficiated ores from its own Marlborough deposits. The Project
has the potential to be one of the largest of its type in the world
producing some 126,000 tpa nickel (8 - 10% of global nickel demand)
and 10,400 tpa of cobalt metal from its first two stages.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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