Posting of Circular and Notice of General Meeting

 

TIDMPDF 
 
RNS Number : 4046I 
Pangea DiamondFields PLC 
11 March 2010 
 

 
 
 
 
 
                            Pangea DiamondFields plc 
                          ('Pangea' or the 'Company') 
 
                              Posting of Circular 
 
                                      and 
 
                            Notice of General Meeting 
 
On 22 February 2010 Pangea announced that it had entered into a legally binding 
conditional sale and purchase agreement with International Gold Exploration AB 
('IGE') whereby Pangea would merge its diamond interests with IGE by way of the 
disposal to IGE of the entire issued share capital of Efidium Limited 
('Efidium') which is the holding company for all operational activities of 
Pangea, together with all intra-group claims in favour of Pangea (the 
'Disposal'). 
 
The proposed Disposal constitutes a "disposal resulting in a fundamental change 
of business" under Rule 15 of the AIM Rules for Companies and, accordingly, 
completion of the Disposal is conditional, inter alia, on approval by 
shareholders at an extraordinary general meeting of the Company. 
 
Notice of an extraordinary general meeting, to be held at 2 p.m. on 26 March 
2010, is contained in a circular which has today been sent to shareholders of 
the Company (the 'Circular'). An electronic copy of the Circular will shortly be 
available on the Company's website at www.pangeadiamondfields.com. 
 
 
Further information: 
 
+----------------------+------------------------+-----------------------+ 
| Pangea DiamondFields | Ambrian Partners       | Walbrook PR Ltd       | 
| plc                  | Limited                |                       | 
|                      |                        |                       | 
+----------------------+------------------------+-----------------------+ 
| Boris Kamstra        | Richard Brown /        | Louise Goodeve / Leah | 
|                      | Richard Greenfield     | Kramer                | 
+----------------------+------------------------+-----------------------+ 
| T: [phone]   | T: [phone]     | T: [phone]    | 
|                      | 4700                   | 8780                  | 
|                      |                        |                       | 
+----------------------+------------------------+-----------------------+ 
 
Notes to Editors: 
 
Pangea DiamondFields plc (AIM: PDF) is an emerging diamond producer and 
exploration company with a portfolio of five projects each with multiple 
resource targets, located in Angola, South Africa and the Democratic Republic of 
the Congo. The Company aims to minimise risk by diversifying its projects 
geographically. 
 
PDF listed on AIM in October 2006 and is led by a strong management team, with a 
track record for creating shareholder value in mineral exploration. 
 
 For more information on PDF, please visit: 
http://www.pangeadiamondfields.com 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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