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29 March 2025
| Name: | NIUGINI MINING LIMITED (NML) | |||||||||
| Date of Delisting: | 04 August 2000 | |||||||||
| Former Names: |
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Stock Exchange Status:
This entity was delisted from the Australian Securities Exchange on 04 August 2000.Legal Status:
To our knowledge this entity was the subject of a takeover or merger such that your securities were acquired for consideration in the form of cash or scrip. We have not therefore verified the current legal status of this entity. If you have questions about your shareholding, as we say elsewhere, they may be taken up here: https://www.delisted.com.au/TraceLostSharesLostMoney/index/.Capital Gains Tax (CGT) Status:
To our knowledge this entity was the subject of a takeover or merger such that your securities were acquired for consideration in the form of cash or scrip. You will need to seek independent tax advice in relation to Capital Gains Tax or other tax matters but any other enquiries relating to your shareholding in the company should be followed up via our online form here: https://www.delisted.com.au/TraceLostSharesLostMoney/index/.
Updates, corrections, disagreements please email to admin@delisted.com.au
Further information: deListed and InvestoGain are operated by Investogain Pty Limited which is licensed by ASIC as an Australian Financial Services Licensee (AFSL 334036). deListed acquires only securities that it deems to be of little or no value, in circumstances where the holder is unable to sell their securities on-market in the normal manner. This service has been provided online via the company’s website www.delisted.com.au since 2004.
Getting advice: Information provided in this section is of a general nature and applicable only to Australian tax residents who hold their investments on capital account (ie for long-term investment purposes). It has been prepared without taking into account your financial needs or tax situation. Before acting on the information, deListed suggests that you consider whether it is appropriate for your circumstances and recommends that you seek independent legal, financial, or taxation advice.
Disclaimer: The information provided above is to the best of our knowledge accurate as of today. But you should bear in mind that it is of a general nature and does not constitute financial or tax advice. Investogain Pty Limited accepts no liability for any loss arising from reliance on this information, including reliance on information that is no longer current.
| Company | FROM | TO |
|---|---|---|
| NIUGINI MINING LIMITED | 21/11/1982 | |
| KEREMA MINING LIMITED | 12/12/1980 | 21/11/1982 |
| KEREMA RUBBER LIMITED | 12/12/1980 |
delisted at the request by the Company following the implementation of a Scheme of Arrangement to merge with Lihir Gold Limited | 04/08/2000 |
we understand Lihir and Niugini merged by way of a Scheme of Arrangement with the final share exchange ratio determined as follows: Niugini Mining's Net Cash, as defined in the Merger Implementation Agreement, was US$54.617 million. Based on the agreed Lihir share price of A$1.45 per share (being the price at which Lihir made its private placement with institutions on 7 October 1999 when the merger was announced) and the applicable exchange rate of A$/US$ 0.6371, the consideration for Niugini Mining's Net Cash was 59.12 million Lihir shares - when added to the 1 for 1 consideration for Niugini Mining's holding of 161.53 million shares in Lihir, Lihir issued a total of 220.65 million shares to Niugini Mining shareholders - Niugini Mining had 117.57 million shares on issue and accordingly Lihir issued 1.8768 Lihir shares to Niugini Mining shareholders in exchange for each Niugini Mining share | 04/08/2000 |
name changed from Kerema Mining Limited | 21/11/1982 |
delisted at the request by the Company following the implementation of a Scheme of Arrangement to merge with Lihir Gold Limited | 04/08/2000 |
we understand Lihir and Niugini merged by way of a Scheme of Arrangement with the final share exchange ratio determined as follows: Niugini Mining's Net Cash, as defined in the Merger Implementation Agreement, was US$54.617 million. Based on the agreed Lihir share price of A$1.45 per share (being the price at which Lihir made its private placement with institutions on 7 October 1999 when the merger was announced) and the applicable exchange rate of A$/US$ 0.6371, the consideration for Niugini Mining's Net Cash was 59.12 million Lihir shares - when added to the 1 for 1 consideration for Niugini Mining's holding of 161.53 million shares in Lihir, Lihir issued a total of 220.65 million shares to Niugini Mining shareholders - Niugini Mining had 117.57 million shares on issue and accordingly Lihir issued 1.8768 Lihir shares to Niugini Mining shareholders in exchange for each Niugini Mining share | 04/08/2000 |
name changed from Kerema Mining Limited | 21/11/1982 |
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