Glengarry Resources Limited (ASX: GGY)
ASX/MEDIA RELEASE 25 February 2010
Proposed Change of Name to Centaurus Metals Limited
Following the recent completion of its merger with Centaurus Resources Limited, the Board of Glengarry Resources Limited (ASX Code: GGY) (?Glengarry?) proposes to change its name to Centaurus Metals Limited (ASX Code ?CTM? has been reserved).
The new name will more accurately reflect the Company?s focus on developing a long-term Brazilian iron ore business and capture the significant goodwill that the Centaurus branding has already created in Brazil.
The Centaurus Metals name will support the Company?s new Domestic Iron & Steel Strategy and Export Market Strategy put in place to leverage off and directly access the strong growth in Brazil especially over the next five years in the lead up to the 2016 Olympic Games to be held in Rio de Janiero.
Commenting on the proposed name change, Glengarry?s Managing Director, Mr Darren Gordon said: ?With the completion of the recent merger, we are now looking at rapidly developing our Brazilian iron ore operations and changing our name was a logical next step given the strong and overwhelmingly positive presence the Centaurus name has established in Brazil.?
A General Meeting of Shareholders to approve the Change of Name is scheduled for 31 March 2010, and a Notice of Meeting will be mailed to Shareholders shortly.
- ENDS -
Released By: On behalf of:
Nicholas Read Mr Darren Gordon
Read Corporate Managing Director
Mb: (+61) 419 929 046 Glengarry Resources Ltd
Tel: (+61-8) 9388 1474 Tel: (+61-8) 9322 4929
If you would rather not receive future company information, please reply to this e-mail with the word "unsubscribe" in the subject.
READ CORPORATE
Public Relations Corporate Communications
T: (+61-8) 9388-1474 | F: (+61-8) 9388-1472 | E: info@readcorporate.com.au | Web: www.readcorporate.com.au
PLEASE NOTE:
This e-mail and any attachments may contain confidential and/or privileged material and is for the intended addressee(s) only. If you are not an intended addressee, you must not use, copy, retain, disclose or distribute this information. Please notify the sender immediately by return e-mail and delete the message from your system. If you believe that this message constitutes a Commercial Electronic Message (CEM) under the Spam Act 2003 and you wish to unsubscribe please contact the originator of this message with the subject line of unsubscribe.
Note: Virus scanning is carried out on all incoming and outgoing email, but cannot be guaranteed to be timely, secure, error or virus-free. To protect against computer viruses, e-mail programs may prevent sending or receiving certain types of file attachments. If you are having problems please check your e-mail security settings to determine how attachments are handled.
Please consider the environment before printing this email.