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Castlemaine Goldfields Ltd, Compulsory Acquisition: LionGold Corp Ltd's Off-Market Takeover Bid

We act for LionGold Ltd (LionGold) in relation to its off-market takeover bid (Offer) for all the shares in Castlemaine Goldfields Limited (ACN 073 531 325 (Castlemaine).

The Offer closed at 7.00pm (Sydney time) on 31 August 2012.  As at that time LionGold had a relevant interest in 97.69% of the ordinary shares in Castlemaine, LionGold is entitled pursuant to section 661A of the Corporations Act 2001 (Cth) (Corporations Act) to proceed with compulsory acquisition of the remaining Castlemaine shares. 

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