Update re Scheme and Listing of Bullabulling Gold Ltd

 
TIDMGGG 
 
GGG Resources plc 
 
                           (the "Company" or "GGG") 
 
           Update re Scheme and listing of Bullabulling Gold Limited 
 
The Board of GGG is pleased to provide the following update in relation to the 
proposed dual listing of Bullabulling Gold Limited ("BBG") on AIM and the ASX. 
 
As previously advised the Scheme to acquire GGG by BBG has been approved by GGG 
Shareholders and remains conditional upon the following steps. 
 
 i. the sanction (with or without modification (but subject to such 
    modification being acceptable to GGG)) of the Scheme and the confirmation 
    of the Capital Reduction by the Court; 
 
ii. an office copy of the Order and of the Statement of Capital being delivered 
    for registration to the Registrar of Companies; and 
 
iii. BBG obtaining conditional approval for the admission to trading of BBG 
    shares on ASX and AIM. 
 
In order to obtain the conditional approval for the listing of BBG on the ASX, 
the draft Admission Document and information memorandum for the purposes of the 
ASX Listing Rules, has been submitted to the ASX for review. 
 
This document, which is due to be published today on the ASX website, outlines 
a revised anticipated timetable in relation to the Scheme and dual listing as 
set out below: 
 
Last day of dealings in GGG CDIs on ASX                                     29 February 2012 
 
Disablement of GGG Shares in CREST                                          7 March 2012 
 
UK Scheme Record Time 6.00pm (UK)                                           7 March 2012 
 
Final UK Scheme Court Hearing and Effective Date of the UK Scheme           8 March 2012** 
 
Suspended trading of GGG Shares on AIM                                      8 March 2012 
 
Issue of BBG Shares and BBG DIs to GGG Shareholders and                     9 March 2012 
grant of BBG options to GGG Optionholders 
 
De-listing of GGG from ASX and termination of quotation of                  9 March 2012 
GGG CDIs on ASX 5.00pm (WST) 
 
Cancellation of admission to trading of GGG Shares on AIM 7.00am (UK)       9 March 2012 
 
Admission to AIM effective and commencement of dealings on AIM 7.00am (UK)  9 March 2012 
 
Admission of BBG to ASX Official List and BBG Shares commence quotation     20 March 2012 
on ASX 
 
AZX Shareholder Australian Scheme meeting 10.00am (Brisb)***                22 March 2012 
 
AZX Second Court Hearing for Australian Scheme                              27 March 2012 
 
Australian Scheme Effective Date                                            28 March 2012 
 
AZX Shares suspended from quotation on ASX 9.00am (EST)                     29 March 2012 
 
Cash Balancing Placement Date                                               29 March 2012 
 
Australian Scheme Record Date 6.00pm (Brisbane)                             5 April 2012 
 
Australian Scheme Implementation Date - BBG shares and options issued to    11 April 2012 
AZX Shareholders and Optionholders 
 
Despatch date for new BBG Shares and Options                                11 April 2012 
 
De-listing of AZX from ASX                                                  12 April 2012 
 
Commencement of quotation of new BBG Shares issued under                    16 April 2012 
Australian Scheme on ASX 
 
* These dates are anticipated dates only and may change without notice. 
 
* *The Company will be represented by Counsel at the Final UK Scheme Hearing on 
29 February, and an application for an adjournment of that hearing until 8 
March 2012 will be made. 
 
*** On 17 February Auzex announced that the Queensland Supreme Court has 
approved the Scheme Booklet for the proposed Merger and that, accordingly, 
Auzex would be posting the scheme booklet and proxy form for the Australian 
Scheme meeting by 22 February 2012. 
 
Cancellation 
 
Please note that it is expected that, if the Scheme becomes Effective, the 
admission to dealings of GGG Shares on AIM will be cancelled with effect from 
07:00 a.m. on 9 March 2012. 
 
Other 
 
Terms and expressions in this announcement shall, unless the context otherwise 
requires, have the same meanings as given to them in Scheme Circular sent to 
shareholders in relation to the Scheme dated 13 December 2011. 
 
The Directors will make further announcements in due course. 
 
Dr. Jeffrey Malaihollo           Westhouse Securities Limited (UK Nominated 
                                 Adviser) 
MD, GGG Resources plc (UK) 
                                 Tom Price / Martin Davison 
Tel: + 44 1992 531820 
                                 Tel: + 44 20 7601 6100 
Email: www.gggresources.com 
 
Neil Boom                        Collins Stewart Europe Limited (Broker) 
 
MD, Gresham PR Ltd (UK).         John Prior / Adam Miller 
 
Tel: + 44 7866 805 108           Tel: + 44 20 7523 8350 
 
David McArthur                   David Brook 
 
GGG Resources plc (Australia)    Professional Public Relations (Australia 
                                 media) 
41 Stirling Highway 
                                 T: [phone]/ [phone] 
Nedlands, WA 6009 
                                 E: [e-mail] 
Australia 
 
Tel: [phone] 
 
 
 
END