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Scheme becomes effective

14 Apr 2010 15:13

RNS Number : 1927K
Pan Andean Resources PLC
14 April 2010
 



 

Pan Andean Resources plc

 

Scheme becomes effective

 

The Scheme to implement the recommended proposals for the acquisition of Pan Andean Resources plc ('the Company') by Petrominerales Ltd. (including the demerger of the North American and Bolivian interests of the Company) has now become effective in accordance with its terms.

 

A request has been made to the London Stock Exchange to cancel the admission of Pan Andean Shares to trading on AIM with effect from 7.00 a.m. on 15 April 2010.

 

Pan Andean Resources

+353 (0) 1 8332833

John Teeling, Executive Chairman

Smith & Williamson Corporate Finance Limited

+44 (0)117 376 2213

Nominated Adviser - Nick Reeve/Martyn Fraser

Broking - Barrie Newton

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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