Fording Announces That Plan of Arrangement With Teck Has Received All Required Regulatory Approvals
26 Settembre 2008 - 2:46AM
Marketwired
Fording Canadian Coal Trust (TSX: FDG.UN) (NYSE: FDG) today
announced that Fording's proposed plan of arrangement with Teck
Cominco Limited previously announced on July 29, 2008, has received
approval from the United States Securities and Exchange Commission
with respect to the Schedule 13e-3 filing described in Fording's
August 21, 2008 news release, that clearance of the proposed
arrangement has been received from the Canadian, U.S., Turkish and
Korean competition authorities, that competition clearance in the
form of a notice of non-opposition from the European Commission
competition authority has been received, and that confirmation has
been received from the Canadian Minister of Transport,
Infrastructure and Communities that the proposed transaction does
not raise public interest issues as it relates to national
transportation under the Canada Transportation Act. Accordingly,
all necessary regulatory approvals required by Fording in order to
complete the arrangement have now been received.
The special meeting to approve the proposed arrangement will be
held on September 30, 2008 at 9:00 a.m. Calgary time. Fording will
make an application to the Court of Queen's Bench of Alberta for
the final order approving the plan of arrangement, if the
arrangement is approved by securityholders at the meeting.
About Fording
Fording Canadian Coal Trust is an open-ended mutual fund trust
and one of the largest royalty trusts in Canada. Fording holds a
60% interest in the metallurgical coal operations of the Elk Valley
Coal Partnership. Fording's units are traded on the TSX under the
symbol FDG.UN and on the NYSE under the symbol FDG.
Contacts: Fording Canadian Coal Trust Colin Petryk Director,
Investor Relations (403) 260-9823 Fording Canadian Coal Trust Najda
Dupanovic Coordinator, Investor Relations (403) 260-9892 Email:
investors@fording.ca Website: www.fording.ca Proxy Solicitation
Agent Laurel Hill Advisory Group 1-866-570-5373
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