Piedmont Lithium Announces Results Of Scheme Meeting
NEW YORK--(BUSINESS WIRE)--April 29, 2021--Piedmont Lithium Limited (“Piedmont” or the “Company”) (Nasdaq:PLL; ASX:PLL) is pleased to provide the following update on the status of its proposed re-domiciliation from Australia to the United States.
Piedmont shareholders have today approved, by the requisite majorities, the proposed scheme of arrangement pursuant to which it is proposed that Piedmont Lithium Inc. (Piedmont US) will acquire 100% of the shares in Piedmont (Scheme).
In accordance with Listing Rule 3.13.2 and section 251AA of the Corporations Act 2001 (Cth), a detailed report of proxies received and the votes cast in respect to the resolution approving the Scheme is included as Appendix 1 to this announcement.
Although Piedmont shareholder approval has been obtained, the Scheme remains subject to a number of conditions as set out in the Scheme Implementation Deed (a full copy of which is disclosed within the scheme booklet, which is available on the ASX website at www.asx.com.au and on Piedmont's website at www.piedmontlithium.com), including:
Subject to these remaining conditions being satisfied or waived, implementation of the Scheme is expected to occur on May 17, 2021.
If you require further information or have questions, please contact the please contact the Piedmont Scheme Information Line on 1300 218 182 (within Australia) or +61 3 9415 4233 (outside Australia) Monday to Friday between 8:30am and 5:00pm (AEDT).
This announcement has been authorized for release by the Company’s Company Secretary, Mr Gregory Swan.
Click here to view the full ASX Announcement.
Keith PhillipsPresident & CEOT: +1 973 809 0505E: firstname.lastname@example.org
Brian RisingerVP - Investor Relations and Corporate CommunicationsT: +1 704 910 9688E: email@example.com
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