TTM 0.00% 44.0¢ titan minerals limited

Ann: Update on Deed of Company Arrangement, page-3

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    "Update on Deed of Company Arrangement Minera Gold Limited (ASX:MIZ) (Subject to Deed of Company Arrangement) (the Company) refers to the previous ASX announcement dated 1 July 2016. The Deed Administrators have continued to work with the DOCA proponent, Andina Resources Limited, to satisfy the conditions precedent to effectuate the amended and restated Deed of Company Arrangement dated 30 June 2016 (the Varied DOCA). Shareholders will appreciate that the reconstruction and recapitalisation of MIZ is a complex transaction and there have been many matters that have arisen since the execution of the Varied DOCA that have required attention. As a result, the Deed Administrators are pleased to confirm that the ASX has recently granted an extension of time until 31 March 2017 to comply with the conditions set by the ASX for MIZ to be reinstated to official quotation. A copy of the Deed Administrators’ various reports to creditors are available through the following link: http://www.ferrierhodgson.com/au/creditors/minera-gold-limited There will be an opportunity for shareholders to raise any queries at an upcoming shareholders’ meeting at which shareholders will consider and vote on the reconstruction and recapitalisation proposal. Further details of this shareholders’ meeting will be released in due course. In the meantime, prior to this shareholders’ meeting, please direct any queries to the Deed Administrators’ office using the details provided below. ENDS Contact Melanie Khoo Tel: +61 (08) 9214 1444 Email: [email protected]
 
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