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Lithic Metals&Energy (LMY)

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Monday 14 December, 2009

Lithic Metals&Energy

Resolutions passed at SGM

RNS Number : 0879E
Lithic Metals and Energy Limited
14 December 2009


Lithic Metals and Energy Limited ("Lithic" or "the Company")

Resolutions passed at Special General Meeting

The Board is pleased to announce that at a Special General Meeting of the Company held today at 2.00 p.m. GMT (3.00 p.m. local time) in Paris, all resolutions were duly passed

Further to recent announcements, the proposed acquisition by the Company of all of the issued shares of Amber Petroleum Ltd pursuant to the Scheme should now be completed, and the Enlarged Share Capital admitted to trading on AIM, on or around 23 December 2009.

A copy of the admission document published pursuant to AIM Rule 14 is available on the Company's website at Copies are also available free of charge during normal business hours on any weekday (except Saturdays, Sundays and public holidays) at the offices of Seymour Pierce Limited, 20 Old Bailey, London EC4M 7EN from the date of this announcement and for a period of at least one month from Admission. 

Capitalised terms used throughout this announcement are defined at the end of the announcement. 

City Code on Takeovers and Mergers

For the avoidance of doubt, the Company is not subject to the City Code and accordingly investors should be aware that they are not afforded the protections of the City Code.

Definitions used in this announcement


the AIM market operated by London Stock Exchange plc

"AIM Rules"

the rules and guidance notes for companies with a class of securities admitted to AIM issued by the London Stock Exchange plc as in force at the date of this announcement

"Board" or "Directors"

the board of directors of the Company 

"City Code"

the City Code on Takeovers and Mergers 

"Enlarged Share Capital"

the Ordinary Shares in issue immediately following Admission

"Ordinary Shares"

ordinary shares of £0.01 (one pence) each in the capital of the Company


the scheme of arrangement for the implementation of the Acquisition under section 179A of the BVI Business Companies Act between Amber and the Amber Shareholders, with or subject to any modification or addition thereto or condition approved or imposed by the Court and agreed by the Company and Amber


a holder of Ordinary Shares 

"Special General Meeting" or "SGM"

the special general meeting of the Shareholders to be called to approve, inter alia, the Acquisition and the New Business Strategy



David de Jongh Weill, Chairman

T: +44 20 7881 0180

Seymour Pierce Limited

Nicola Marrin/Catherine Leftley

T: +44 20 7107 8000

Seymour Pierce Limited, which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting as Nominated Adviser and Broker for the purposes of the AIM Rules exclusively for the Company and no one else in connection with the matters set out in the Admission Document and will not be responsible to any other person for providing the protections afforded to clients of Seymour Pierce Limited or for advising any other person in connection with the matters set out in the Admission Document.

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