LGL Merger Update
07 Junio 2010 - 11:12PM
Marketwired
Lihir Gold Ltd (LGL) (TSX: LGG)(ASX: LGL)(NASDAQ: LIHR) notes
today's announcement by Newcrest Mining Ltd that it has completed
its due diligence of LGL and that Newcrest is satisfied with the
outcome of the process.
LGL welcomes Newcrest's commitment to the proposed merger, which
will create an attractive gold company with operations in five
countries and strong growth opportunities.
LGL also advises that the timetable for the proposed merger has
been extended by 1-2 weeks. The Scheme Meeting is now expected to
be held in August, with the merger scheduled for completion in
September 2010, subject to the Independent Expert concluding that
the Scheme is in the best interests of LGL shareholders and LGL's
shareholders approving the transaction.
LGL will update the market once the revised timetable has been
finalised.
ARBN 069 803 998
Contacts: Lihir Gold Limited Joe Dowling GM Corporate Affairs 07
3266 8382 or 0421 587755 www.LGLGold.com
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