Delisting of LionOre From Australian Stock Exchange
Market Wire, April, 2007
LionOre Mining International Ltd (TSX: LIM)(ASX: LIM)(LSE: LOR)(BSE: LIONORE) ("LionOre") announced on February 21, 2007 its intention to delist from the Australian Stock Exchange ("ASX") with effect from June 5, 2007. In connection with its proposed delisting from the ASX, LionOre is proposing to establish for its Australian Shareholders a share sale facility ("Share Sale Facility").
In light of the announcement of Xstrata's proposed takeover offer for LionOre announced on March 26, 2007 ("Offer"), LionOre will delay providing its Australian Shareholders with details of the Share Sale Facility until after the Offer documents have been received from Xstrata. This will allow LionOre to fully consider the impact, if any, of the Offer on LionOre's proposed delisting from the ASX and the Share Sale Facility.
LionOre has established a special shareholder information line to assist any Australian Shareholders who have queries regarding LionOre's delisting from the ASX. Shareholders can contact the Australian Shareholder Information Line on 1300 786 284 (within Australia) or 61 3 9415 4644 (outside Australia) for further details.
Contacts: LionOre Mining Ted Mayers Chief Financial Officer (416) 777-1670 LionOre Australia Brian Hill Managing Director 61 (0)8 9426 0100 Website: www.lionore.com BuckBias Alex Buck 44 (0) 7932 740 452 Email: alex@buckbias.com
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