Tri Origin Announces Change of Record Date and Annual General and Special Meeting Date
Tri Origin Exploration Ltd. (the ?Company? or ?Tri Origin?) (TOE: TSX-V) announces that it has set a new date of record and meeting date for its Annual General and Special Meeting of Shareholders to October 23, 2009 and November 24, 2009, respectively. This follows cancellation of the earlier September 1st date of record and October 1st meeting date announced on July 28th.
These new dates allow the Company to prepare and disseminate documentation related to the announcement made by the Company to distribute to its shareholders approximately 20 million of the 49 million shares of its Australian affiliate Tri Origin Minerals Ltd. (?TRO?) currently held by the Company. The distribution would be made pursuant to a Plan of Arrangement under the Business Corporations Act (Ontario), and is subject to approval by the shareholders of Tri Origin, the Ontario courts and acceptance by appropriate regulatory authorities. Shareholder approval will be sought by the Company at the annual and special meeting now proposed to be held on November 24, 2009.
The new date set for the Company?s Annual General and Special meeting is also aligned with TRO?s intentions and anticipated schedule for moving ahead with a previously announced application for listing on the Toronto Stock Exchange (?TMX?). TRO, which is currently listed on the Australian Securities Exchange (?ASX?) has not yet submitted a listing application to the TMX, and any listing would be subject to TRO satisfying original listing requirements for the TMX.
Tri Origin?s management believes that the value to both companies will be increased if a concurrent TMX listing for TRO and distribution of some of Tri Origin?s holding in TRO to its shareholders can be achieved. These two events will provide TRO with an increased shareholder base and added liquidity as well as exposure to a much expanded investor and financial marketplace. These benefits will allow both Tri Origin and its shareholders of record to benefit through having a direct exposure to TRO, a company positioned to take strong advantage of a return to growth in the global metals and financial markets.
For further information please contact:
Tri Origin Exploration Ltd.
Dr. Robert Valliant, President
Tel: (905) 727-1779
Web page - www.triorigin.com
E-mail: invest@triorigin.com