ASX Announcement 28 April 2016
F e d e r a l C o u r t a p p r o ve s C r e d i t o r s ' S c h e m eAtlas Iron Limited (ASX:AGO) (Atlas or the Company) is pleased to advise that the Federal Court of Australia has given orders to Atlas approving the creditors' scheme of arrangement between the Company, the lenders under its Syndicated Facility Agreement dated 10 December 2012 and "Subordinate Claim Holders" (as that term is defined in previous announcements made by the Company about the creditors' scheme of arrangement, including the Company's notice of general meeting released to ASX on 24 March 2016) (Creditors' Scheme).
Atlas expects to lodge a copy of the Court orders with the Australian Securities and Investments Commission on Friday, 29 April 2016, at which the time the Creditors' Scheme will become effective. Once that is done, the Company will proceed to implementation of the Creditors' Scheme.
Investor Enquiries:Atlas Iron +61 8 6228 8000 |
Tony Walsh |
Company Secretary |
Read Corporate +61 8 9388 1474
Paul Armstrong +61 421 619 084
Atlas Iron Limited
ABN 63 110 396 168
Raine Square, Level 18
300 Murray Street Perth WA 6000
PO Box 7071
Cloisters Square Perth WA 6850
P: +61 8 6228 8000 F: +61 8 6228 8999E: atlas@atlasiron.com.au
W: www.atlasiron.com.au
Atlas Iron Limited issued this content on 29 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 28 April 2016 23:23:42 UTC
Original Document: http://www.atlasiron.com.au/irm/PDF/5825/FederalCourtapprovesCreditorsScheme