Sirius Resources N L : Court Approves Schemes of Arrangement

ASX Announcement

Wednesday 9th September 2015

Sirius Resources NL

ASX code: SIR

ABN: 46 009 150 083

Head office:

253 Balcatta Road

Balcatta, Western Australia 6021

Postal address:

PO Box 1011

Balcatta, Western Australia 6914

Tel: +61 8 6241 4200

Fax: +61 8 6241 4299

Email:

admin@siriusresources.com.au

Sirius Resources NL (ASX:SIR) ("Sirius" or the "Company") advises that the Federal Court of Australia has given orders to Sirius approving the schemes of arrangement in relation to the proposal by Independence Group NL to acquire all the shares in Sirius by an acquisition scheme of arrangement between Sirius and its shareholders ("Acquisition Scheme"), and the demerger of the Polar Bear and Scandinavian assets into S2 Resources Ltd ("Demerger Scheme").
Sirius expects to lodge a copy of the Court orders with the Australian Securities and Investments Commission on Thursday, 10 September 2015, at which time the Acquisition Scheme and the Demerger Scheme will become effective.

Web:

www.siriusresources.com.au

Projects:

Anna Neuling Warrick Hazeldine / Luke Forrestal

Director - Corporate & Commercial Cannings Purple

+61 8 6241 4200 +61 417 944 616 / +61 411 479 144

www.siriusresources.com.au

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