Anatolia shareholders pass Uranium merger share scheme

9th October 2015 By: Natalie Greve - Creamer Media Contributing Editor Online

JOHANNESBURG (miningweekly.com) – After last month approving the proposed merger with ASX-listed Uranium Resources, shareholders of uranium exploration company Anatolia Energy have voted in favour of three share schemes of arrangement that will result in the full transfer of Anatolia shares to its mining counterpart.

The schemes would see Anatolia shareholders receiving 0.065 Uranium Resources shares for every Anatolia share held, while Anatolia performance shareholders would receive one Uranium Resources performance share for each share held.

On completion of the merger, Anatolia shareholders would hold a 40.6% interest in the combined entity and Uranium Resources shareholders the balance.

The schemes remained subject to the approval of the Federal Court of Australia.