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GASGOYNE GOLD MINES NL (ASX.GGM)

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Removed from the Official List following the completion of the selective reduction of capital approved by shareholders on 13 January 1997 and at the request of the Directors

14/02/1997

we understand that shareholders approved, and the court ratified, the selective reduction of capital to privatise Gasgoyne, as a result of which the company became wholly-owned by Coeur d'Alene Mines Corporation and Sons of Gwalia Ltd - shares issued in the capital of the Gasgoyne (other than the shares held by Sons of Gwalia Ltd., Coeur d'Alene Mines Corporation and their controlled entities) were extinguished under the selective reduction of capital proposal for a cash payment of $4.25 per share

14/02/1997
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