gir holders to receive free zinc co shares, page-3

Profittrader,

The answer lies in Evatoski's post...much of the market is not aware of the Zinco in specie distribution by Giralia or the upcoming Carpentaria Exploration listing with priority to Giralia shareholders.

I suppose not all traders read company announcements or have the patience to hold a stock until an impending in specie distribution occurs.

I Hold 10,000 GIR.

"The 40 million shares held by Giralia are subject to an escrow for a period of 24 months from the date that Zinc Co shares commence trading on the ASX. However, the ASX has agreed to vary the terms of the escrow to allow the distribution in specie to occur. All shares distributed to shareholders as part of the distribution in-specie (with the exception of any shares distributed to related parties or promoters of Giralia or Zinc Co) will cease to be subject to escrow after the distribution."

http://sa.iguana2.com/cache/3bc10237723ba8b8c39b2c98824ecd6b/ASX-ZNC-363170.pdf

"HOLDER NAME DESIGNATION UNITS % OF ISSUED
% OF ISSUED
1 * GIRALIA RES LTD 40,000,000 61.26%
2 * YANDAL INV PL 736,121 1.13%
3 RILEY GRAHAM D + A M RILEY S/F A/C 617,877 .95%
4 GRANICH NADA 607,944 .93%
5 ANZ NOM LTD CASH INCOME A/C 503,165 .77%
6 CREEKWOOD NOM MACDONALD FAM S/F 500,000 .77%
7 BREAMLEA PL J + E MACDONALD A/ 477,917 .73%
8 NATIONAL NOM LTD 436,797 .67%
9 HSBC CUSTODY NOM AUST LIM 411,884 .63%
10 MAXIGOLD HLDGS PL MGR THOMSON SUPER 320,615 .49%
11 * PACMAG METALS LTD 300,000 .46%
12 * MACDONALD STANLEY ALLAN 297,279 .46%
13 * ACUTT BRUCE RICHARD 289,505 .44%
14 JENKINS EUAN WILLIAM 251,226 .38%
15 HAWTIN DENNIS J + R A KRYPTONITE S/F A/C 250,000 .38%
16 TILBROOK JOHN BEVAN 194,582 .30%
17 CRESCENT NOM LTD 152,032 .23%
18 GREY WILLOW PL 144,259 .22%
19 CLIFFORD LORENDANA 111,866 .17%
20 COLBERN FIDUCIARY NOM PL 103,280 .16%
*** TOP 20 TOTAL *** 46,706,349 71.53%
** ALL HOLDERS INCLUDED * - DENOTES MERGED HOLDER"

"The Directors of Giralia Resources NL advise that the Company has decided to support the proposed listing of its wholly owned subsidiary Carpentaria Exploration Limited ("Carpentaria"), in a $7.5 million Queensland based IPO to be headed by former MIM and Inco executive Nick Sheard. Giralia will vend in its Queensland and NSW copper-gold-uranium and nickel projects, and will meet the costs of listing of Carpentaria through loans to be repaid from the proceeds of listing. Nick Sheard has commenced the development of an exploration portfolio and will inject these additional properties into Carpentaria.
It is anticipated that Giralia shareholders will be entitled to priority IPO application rights, with details to be confirmed at a date closer to the lodgement of the Carpentaria prospectus."


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