PMEA Blog

Perth-based engineering and development company GRD Ltd gold spinoff OceanaGold Ltd has successfully completed its merger with NSW-based Climax Mining Ltd.

The full text of a company announcement is pasted below

The Directors of OceanaGold Limited and Climax Mining Limited are pleased to announce the successful completion of their merger.
At the Climax Mining Share and Option Scheme Meetings on Monday 30 October 2006, over 99% of the votes cast by shareholders and option holders were in support of the merger. “This is an outstanding result which indicates the level of support our shareholders have in OceanaGold’s growth strategy.” commented Stephen Orr.

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