Business
Proposed Acquisition, Placing
Proposed Acquisition, Placing.
About this update from Rome Resources Plc
[{"type":"text","content":"\n RNS Number : 7540Y Pathfinder Minerals PLC 31 December 2010 \n \n\nPathfinder Minerals Plc\n \n(\"Pathfinder\" or \"the Company\")\n \n \nProposed acquisition of IM Minerals Limited\n \nProposed Placing to raise £525,000\n \nApplication for admission of the Enlarged Share Capital to AIM\n \nApproval of waiver of obligations under Rule 9 of the City Code on Takeovers and Mergers\n \n \nPursuant to the announcement made by the Company on 22 December 2010, the Board of Pathfinder Minerals Plc is pleased to announce that it will today send a circular to Shareholders seeking their approval to, inter alia, acquire the remaining issued share capital of IM Minerals Limited, a company in which it acquired a minority stake on 26 November 2009. \n \nThe circular constitutes an Admission Document for the purposes of the AIM Rules and therefore, subject to the approval of the Resolutions at a General Meeting which has been convened for 18 January 2011, it is expected that the Company's shares will be admitted to trading on 19 January 2011.\n \nSet out below is a summary and extracts of the information contained in the Admission Document. The full document is available from the offices of Daniel Stewart & Company plc, Becket House, 36 Old Jewry, London, EC2R 8DD.\n \n \nFor further information please contact:\n \nPathfinder Minerals Plc\nNicholas Trew, Chairman Tel: 020 7834 0321\n \nDaniel Stewart & Company Plc\nOliver Rigby/James Thomas Tel: 020 7776 6550\n \n \n \nKey dates\n \n\n\n\n\nPublication date of the Admission Document \n \n\n\n30 December 2010\n\n\n\n\nLatest time and date for receipt of completed Forms of Proxy\n \n\n\nNoon 16 January 2011\n\n\n\n\nGeneral Meeting\n \n\n\nNoon 18 January 201...