Texon Petroleum Ltd (
ASX:TXN) advises that Texon Shareholders have today approved the proposed schemes of arrangement under which Talon Petroleum Limited (Talon) will be demerged from Texon (Demerger Scheme) and Texon will be acquired by Sundance Energy Australia Limited (
ASX:SEA, Sundance) (Acquisition Scheme) at meetings convened in accordance with orders made by the Federal Court of Australia (Scheme Meetings). Ancillary resolutions for the purposes of the schemes were also approved by Texon Shareholders at an extraordinary general meeting (General Meeting) held after the Scheme Meetings had concluded.
To view the results of the meetings, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-TXN-722378.pdfAbout Texon Petroleum Ltd
Contact
Texon Petroleum Ltd
T: +61 7 3211 1122
F: +61 7 3211 0133
E: texon.info@texonpetroleum.com.au
WWW: www.texonpetroleum.com.au
Related CompaniesTexon Petroleum Ltd
Sundance Energy Australia Limited