Lihir Gold Limited

Lihir Gold Limited

June 18, 2008 06:13 ET

Lihir Gold Limited: Scheme of Arrangement Implemented

PERTH, AUSTRALIA--(Marketwire - June 17, 2008) - Equigold NL (Equigold) (ASX:EQI), announces that the Scheme of Arrangement between Equigold and its shareholders has been implemented. All Equigold ordinary shares have been transferred to Lihir Australian Holdings Pty Limited, a wholly owned subsidiary of and Lihir Gold Ltd (TSX:LGG)(ASX:LGL)(NASDAQ:LIHR) ("LGL").

LGL has despatched to Scheme Participants holding statements with regard to the New LGL Shares. The New LGL Shares commenced trading on a deferred settlement basis on ASX, POMSoX and TSX on June 5, 2008 and will commence trading on a normal settlement basis from tomorrow.

In accordance with the Merger Implementation Agreement, directors Nick Giorgetta, Ross Kestel, David Netherway and Puano Lee have today resigned from the Equigold Board and have been replaced by Arthur Hood and Graham Folland from LGL.

An application to remove Equigold from the Official List of the ASX has been made.

Contact Information

  • Equigold NL
    David Lim
    Company Secretary
    08 9316 3661