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TARGET RESOURCES AUSTRALIA NL (TRA)

Delisted from ASX 06/05/1997

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Removed from the Official List following the Scheme of Arrangement with Mining Corporation of Australia Limited

06/05/1997

we understand the merger of the capital of Target and MCA was achieved by way of a Scheme of Arrangement whereby (A) shareholders in Target were offered 1 fully paid ordinary share in MCA for every 8 fully paid ordinary shares they held in Target, (B) existing shareholders in MCA as well as former shareholders in Target who acquired shares in MCA were issued with 1 free option to acquire a fully paid ordinary share in MCA for every 4 shares they held in MCA, exercisable at 50 cents each by 1st June 1997 and (C) option holders in Target were offered 1 option to acquire a fully paid ordinary share in MCA for every 15 options they held in Target, exercisable at 50 cents each by 1st June 1997

06/05/1997

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My father who passed away in 1977, owned Target Petroleum NL shares that eventually merged with MCA.  I need to find out what happened to those shares? Kaye S

07/05/2018 07:00:37

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