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Friday, 29 March 2024
Tuesday, 04 Feb 2020 12:00 pm

Champion Iron - Re-Domicile: First Court Hearing

Champion Iron Limited (TSX: CIA) (ASX: CIA) (the Company or Champion) is pleased to advise that the Federal Court of Australia has today made orders to convene a meeting of the Company's shareholders to vote on the previously announced proposed re-domicile of the Company by way of a scheme of arrangement (the Re-domicile).

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A full copy of the Scheme Booklet, as approved by the Federal Court, is anticipated to be released on ASX on 5 February 2020 (Sydney time) following registration of the scheme booklet with ASIC and available on SEDAR at www.sedar.com on 4 February 2020 (Montréal time). 

Indicative Timetable

The indicative timetable for completion of the Re-domicile is:

 

Event

Date (Sydney)

Date (Montréal)

Champion Scheme Meeting and EGM

Thursday, 12 March 2020

Wednesday, 11 March 2020

Second Court Date

Friday, 20 March 2020

Thursday, 19 March 2020

Effective Date

Monday, 23 March 2020

Monday, 23 March 2020

Implementation Date

Wednesday, 1 April 2020

Wednesday, 1 April 2020

 

This timetable is indicative only and, among other things, is subject to the satisfaction of or, where applicable, waiver of the conditions precedent to the Re-domicile, and to all necessary shareholder and Court approvals. Any variation to the timetable set out above will be announced to ASX.

 


Neha Pandey

Aware of her elements, Neha writes the best articles across industries including electronics & semiconductors, automotive & transportation and food & beverages. Being from the finance background she has the ability to understand the dynamics of every industry and analyze the news updates to form insightful articles. Neha is an energetic person interested in music, travel, and entertainment. Since past 5 years, she written extensively on sectors like technology, finance and healthcare.


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