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Last Post: 3/17/2011 12:48:11 AM - Followers: 4 - Board type: Free - Posts Today: 0

 FRLIF.PK                                   http://www.farallonmining.com/fan/Home.asp                                    FAN.TO 

Farallon Mining Announces Completion of Compulsory Acquisition

http://www.farallonmining.com/fan/NewsReleases.asp?ReportID=447639&_Type=&_Title=Farallon-Mining-Announces-Completion-of-Compulsory-Acquisition

15 March 2011 Farallon Mining Ltd. ("Farallon") (TSX:FAN) today announced that Nyrstar Canada (Holdings) Ltd. ("Nyrstar Canada"), an indirect wholly owned subsidiary of Nyrstar NV ("Nyrstar"), had completed its Compulsory Acquisition (the "Compulsory Acquisition") of 32,637,786 common shares of Farallon (the "Common Shares"), at a price of $0.80 in cash per Common Share pursuant to the Notice of Compulsory Acquisition made under Section 300 of the Business Corporations Act (British Columbia), and mailed to the holders of Common Shares who did not accept its offer dated 23 November 2010 to purchase all of the issued and outstanding Common Shares of the Company. On 5 January 2011, Nyrstar Canada acquired 462,400,996 Common Shares of the Company representing approximately 93.75% of the Common Shares of the Company. As of 15 March 2011, Nyrstar Canada owns 495,038,782 Common Shares of the Company representing 100% of the Common Shares of the Company.

In addition, the Company today announced that the Common Shares have ceased to be listed for trading on the Toronto Stock Exchange as of the close of markets on 9 March 2011. The Company also announced that the Company intends to file with the applicable securities regulatory authorities in Canada the necessary documentation in order to cease to be a reporting issuer in all such jurisdictions as soon as reasonable practical.

Should Farallon shareholders have any questions please contact the Depository and Information Agent Kingsdale Shareholder Services Inc., at 1-866-581-0507 toll free in North America, or at 1-416-867-2272 outside of North America, or by e-mail at contactus@kingsdaleshareholder.com.


- end -


About Nyrstar

The partner of choice in essential resources for the development of a changing world. Nyrstar is a leading global multi metals business, producing significant quantities of zinc and lead as well as other products (including silver, gold and copper). Nyrstar is listed on NYSE Euronext Brussels under the symbol NYR. For further information visit the Nyrstar website, www.nyrstar.com.

You can view the Previous News Releases item: Fri Jan 14, 2011, Farallon Announce Compulsory Acquisition Commences Expected To Close March 14, 2011

PostSubject
#65   Onward... goodbye Farallon. Pro-Life 03/17/11 12:48:11 AM
#64   Farallon Mining Announces Completion of Compulsory Acquisition Pro-Life 03/17/11 12:42:08 AM
#63   My friends, for the week: +0%!!! Pro-Life 02/04/11 10:17:37 PM
#61   And nothing has changed during the last couple months... Pro-Life 01/08/11 03:10:18 PM
#60   Trading/consolidating in a narrow range. Pro-Life 11/29/10 09:36:31 PM
#59   Yep and yesterday's 14% gain shattered the MA200!!! Pro-Life 10/14/10 08:30:18 AM
#58   I think we have found a new higher Pro-Life 08/27/10 09:07:40 PM
#57   That's what I'm sayin'!!! Pro-Life 08/15/10 09:15:27 PM
#56   That's the way I'm seeing it too FuturesJackel. the cork 08/15/10 11:35:16 AM
#55   more opportunity right now as I see things Pro-Life 08/15/10 06:27:45 AM
#54   I'm picking up all I can at these the cork 06/26/10 04:21:51 PM
#53   After the Jan/May double top on the weekly, Pro-Life 06/26/10 03:15:59 AM
#52   Yes, it's a good strong rebound. I picked the cork 05/21/10 02:38:18 PM
#51   A HUGE outside day reversal... wow!!! Pro-Life 05/21/10 02:05:38 PM
#50   No kidding FuturesJackal. These guys are one of the cork 03/19/10 11:51:00 PM
#49   We need more news... Pro-Life 03/19/10 11:35:45 PM
#48   Excellent results! the cork 01/28/10 09:02:05 AM
#47   From a few days back... outstanding results - Pro-Life 01/27/10 10:55:46 PM
#46   Copper Reverses Rally to 14-Month High as Dollar the cork 12/02/09 05:27:13 PM
#45   Correcting here during the last month... weekly is Pro-Life 11/30/09 10:26:40 PM
#44   Yes, this company has very quietly been kicking the cork 11/02/09 01:50:32 AM
#43   Folks have made 5X their investment since Dec/Jan... Pro-Life 11/01/09 08:01:50 PM
#42   They have a real nice array of metals. the cork 09/17/09 12:35:19 AM
#41   Farallon's weekly chart is terrific!!! Pro-Life 09/17/09 12:05:35 AM
#40   Zinc falls, Copper Rises to 10-Month High as the cork 08/10/09 06:18:29 PM
#39   Zinc and Copper fall as Dollar Rallies the cork 08/06/09 05:31:00 PM
#38   Copper Jumps to 10-Month High on Brighter U.S. the cork 08/05/09 06:11:04 PM
#37   Copper Advances to 10-Month High on Hopes of the cork 08/03/09 10:30:21 PM
#36   Doe Run Peru’s Zinc Smelter May File for the cork 08/03/09 10:27:38 PM
#35   Copper Leads Advance in Industrial Metals on Recovery Optimism the cork 07/31/09 06:38:28 PM
#34   Copper Surges to 10-Month High on Optimism Demand the cork 07/31/09 12:23:37 AM
#33   Copper Peaking as Inventories Signal Slowing Demand. By the cork 07/29/09 08:55:28 PM
#32   Absolutely !! the cork 07/29/09 07:49:08 PM
#31   Thanks for sharing this with us... Pro-Life 07/29/09 07:25:58 PM
#30   Copper Drops in N.Y. After U.S. Consumer Confidence the cork 07/29/09 12:44:55 AM
#29   Copper Advances to 10-Month High on Improving Economic Outlook the cork 07/28/09 03:30:22 AM
#28   DIVORCE between Gold and Silver Pricing Looms the cork 07/28/09 03:05:22 AM
#27   Copper gains on existing home sales data the cork 07/24/09 04:06:53 AM
#26   Right! This is thinly traded enough right now, the cork 07/15/09 10:21:08 PM
#25   Yet another solid move up... Pro-Life 07/15/09 10:17:48 PM
#24   ANALYST VIEW-Copper to lead metals up, aluminium outlook dims the cork 07/15/09 09:29:53 PM
#23   The weekly chart looks sweet!!! Nice toehold!!! Pro-Life 07/14/09 10:55:41 PM
#22   Copper Rises to One-Week High on Speculation Demand the cork 07/14/09 06:00:34 PM
#21   .26 close, up 13.5% today. YES! the cork 07/14/09 05:00:40 PM
#20   Hi FuturesJackal. Just got a toehold! the cork 07/13/09 09:57:58 PM
#19   The PPS went under the MA50... still consolidating gains... Pro-Life 07/09/09 09:51:17 PM
#18   Looking now to head higher still??? Pro-Life 06/01/09 06:50:25 PM
#17   This stock has been on the move for Pro-Life 05/02/09 09:25:57 PM
#16   Target: Commercial production in March 2009 Pro-Life 03/08/09 04:29:50 PM
#15   Web link - Pro-Life 03/08/09 04:29:02 PM
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