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Mountain Lake Resources Inc V.MOA



TSXV:MOA - Post by User

Post by Cousin_Gerton Nov 24, 2010 2:26pm
299 Views
Post# 17752219

MOZ to trade Dec 3rd

MOZ to trade Dec 3rdIt's a go....MOZ to trade Dec 3rd...well done MAR....C.Gert


MARATHON PGM CORPORATION
Transmitted by CNW Group on : November 24, 2010 13:39
Stillwater Mining Company Obtains Approval of Arrangement with Marathon PGM Corporation
BILLINGS, MT and TORONTO, Nov. 24 /CNW/ - Stillwater Mining Company (NYSE: SWC) ("Stillwater") and Marathon PGM Corporation (TSX : MAR) ("Marathon PGM") jointly announced today that Stillwater has received ministerial approval of its proposed acquisition of Marathon PGM under the Investment Canada Act. The arrangement is expected to close on or about November 30, 2010. It is also expected that the Marathon PGM common shares will be delisted from the TSX at the close of trading on or about December 2, 2010 and the common shares of Marathon Gold Corporation will commence trading under the symbol MOZ at the opening of trading the following business day, being on or about December 3, 2010.
Details of the arrangement are contained in the information circular of Marathon PGM dated October 15, 2010. Copies of the information circular, together with the letter of transmittal by which registered shareholders of Marathon PGM may surrender the certificates representing their Marathon PGM common shares in exchange for the consideration issuable under the arrangement, were posted to shareholders and are also available electronically on SEDAR at www.sedar.com.
About Stillwater:
Stillwater Mining Company is the only U.S. producer of palladium and platinum and is the largest primary producer of platinum group metals outside of the Republic of South Africa and the Russian Federation. The company's shares are traded on the New York Stock Exchange under the symbol SWC. Information on Stillwater can be found at its website: www.stillwatermining.com.
About Marathon PGM:
In September 2010, Stillwater Mining Company and Marathon PGM announced an acquisition agreement with Stillwater acquiring Marathon's platinum group assets and Marathon spinning out its gold assets to its subsidiary Marathon Gold Corporation. After the spin out, the Valentine Lake Gold Project will be the main focus of resource development while the Finger Pond and Baie Verte Projects will be exploration properties of Marathon Gold. Information on Marathon can be found at its website: www.marathonpgm

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