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Re: News Releases - Friday, November 22, 2013
Pacific Rim Shareholders Approve Plan of Arrangement and Final
Court Approval Received
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PMU News Release #13-11
TSX: PMU OTCQX: PFRMF
November 22, 2013
PACIFIC RIM SHAREHOLDERS APPROVE PLAN OF ARRANGEMENT AND FINAL COURT
APPROVAL RECEIVED
Pacific Rim Mining Corp. ("Pacific Rim") is pleased to announce that at
the special meeting of its shareholders held on November 21, 2013, the
shareholders of Pacific Rim approved the previously announced plan of
arrangement with OceanaGold Corporation (the "Arrangement"). For a
detailed description of the Arrangement, please refer to Pacific Rim's
news release of October 8, 2013.
The Arrangement was approved by 99.09% of the votes cast by Pacific Rim
shareholders, and by 98.59% of the votes cast by Pacific Rim
shareholders excluding the votes cast in respect of common shares
beneficially owned or over which control or direction is exercised by
OceanaGold Corporation and any of its related parties or joint actors.
Pacific Rim further announces that the Supreme Court of British
Columbia has today granted the final order approving the Arrangement.
All necessary approvals for the Arrangement have now been received, and
the Arrangement is expected to close on November 27, 2013.
On behalf of the board of directors,
"Thomas C. Shrake"
Thomas C. Shrake
President and CEO
For further information, contact Pacific Rim at 604-689-1976 or
1-888-775-7097 or general@pacrim-mining.com or visit
www.pacrim-mining.com.
Forward-Looking Information
This news release contains forward-looking statements in respect of the
anticipated closing date of the Arrangement, which are based on
management's understanding of the logistical steps required to be
completed by Pacific Rim and OceanaGold in order to close the
Arrangement, and which are subject to a variety of risks and
uncertainties, any of which could cause actual events or results to
differ from those reflected in the forward-looking statements,
including, without limitation: unforeseen closing requirements arising;
and delays resulting from access to signatories. Should one or more of
these risks and uncertainties materialize, or should underlying
assumptions prove incorrect, actual results may vary materially from
those described in forward-looking statements. Investors are cautioned
against attributing undue certainty to forward-looking statements.
The TSX has neither reviewed nor accept responsibility for the adequacy
or accuracy of this release.
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Copyright (c) 2013 PACIFIC RIM MINING CORP. (PMU) All rights reserved.
For more information visit our website at
http://www.pacrim-mining.com/ or send mailto:general@pacrim-mining.com
Message sent on Fri Nov 22, 2013 at 11:20:35 AM Pacific Time
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Pacific Rim Mining Corp
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PRODUCTEUR |
CODE : PMU.TO |
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CUSIP : 694915208 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Pacific Rim Mining est une société développant des projet miniers d'or et d'argent basée au Canada. Pacific Rim Mining détient divers projets d'exploration au Salvador. Ses principaux projets en production sont DENTON RAWHIDE et DENTON-RAWHIDE en USA et ses principaux projets en exploration sont SANTA RITA, ZAMORA AND CERRO COLORADO, EL DORADO PROJECT - BALSAMO, EL DORADO EL SALVADOR, EL DORADO PROJECT - SOUTH MINITA, EL DORADO PROJECT - MINITA, EL DORADO PROJECT - NANCE DULCE, EL DORADO PROJECT - COYOTERA et EL DORADO PROJECT - NUEVA ESPERANZA au Salvador. Pacific Rim Mining est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 14,8 millions CA$ (13,9 millions US$, 10,2 millions €). La valeur de son action a atteint son plus haut niveau récent le 31 décembre 2003 à 2,39 CA$, et son plus bas niveau récent le 11 octobre 2013 à 0,04 CA$. Pacific Rim Mining possède 210 952 000 actions en circulation. |