ASX/TSXV Announcement
16th December 2011
ASX: LGM TSXV: LGLLuiri Gold to Voluntarily Delist from the TSX Venture Exchange
Luiri Gold Limited ASX Code: LGM TSXV Code: LGLwww.luirigold.com
DETAILS
The Board of Directors of Luiri Gold Limited ("Luiri
Gold" or the "Company") advises that the
Company is applying for voluntary delisting of its common
shares from the TSX Venture Exchange ("TSXV").
Subject to the application being accepted by the TSXV, it is
expected that Luiri
Gold's common shares will be delisted from the TSXV at the
close of trading on
or about Friday, 20 January 2012.
Corporate StructureShares on issue 127.43m
Options 10.1m
52 week high A$0.27
52 week low A$0.09
Cash (as at 31 Oct) A$2.7m
Company DirectorsMelissa Sturgess
Chairman
Evan Kirby
Director and Chief Executive Officer
Mike Langoulant
Executive Director
Robert Brown
Non-Executive Director
In addition to Luiri Gold's common shares being listed
for trading on the TSXV,
they are listed on the Australian Securities Exchange
("ASX") in the form of
CHESS Depository Interests ("CDIs"). Each CDI represents one
common share.
Following the delisting from the TSXV, the Company's
common shares will continue to trade on the ASX in the form
of CDIs.
In addition, when the Company meets the requirements to cease
reporting to the British Columbia Securities Commission
("BCSC") and Alberta Securities Commission ("ASC"),
it intends to apply to the BCSC and ASC to cease to be a
reporting issuer in the provinces of British Columba and
Alberta (the Canadian jurisdictions in which the Company is a
reporting issuer).
After due and careful consideration, the decision to delist was taken due to: