Demerger Scheme and Acquisition Scheme Approved by Texon Shareholders
Brisbane, Feb 25, 2013 AEST (ABN Newswire) - 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.pdf
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
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