Current Share Price

Mantra Resources Limited is dual listed on the ASX (Code: MRU) and the TSX (Code: MRL).

MRU: A$ 7.00   + 0.00%

Updated 16/06/2011 at 7:35PM AEST

MRL: C$ 7.15   + 0.00%

Updated 26/5/2011 at 3:41PM ET

MRU share price chart

Latest News

9/06/2011 - IMPLEMENTATION OF SCHEME OF ARRANGEMENT
more...

26/05/2011 - COURT ORDER LODGED WITH ASIC AND SCHEME BECOMES EFFECTIVE
more...

25/05/2011 - COURT APPROVES ARMZ CASH OFFER FOR MANTRA
more...

Registered Office

Level 9, BGC Centre
28 The Esplanade
Perth WA 6000

Tel: +61 8 9322 6322
Fax: +61 8 9322 6558
Email: [email protected]

Mailing List

 

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Welcome to Mantra Resources Limited

Mantra Resources is an emerging uranium company and dual listed on the Australian Securities Exchange (“MRU”) and the Toronto Stock Exchange (“MRL”).

The Company’s flagship project is the Nyota Prospect, part of the Mkuju River Project in southern Tanzania, which has a Mineral Resource of 101.4 million pounds U3O8 (65% Measured and Indicated).  A Definitive Feasibility Study is underway and is nearing completion.

TRANSACTION WITH ARMZ
In December, Mantra announced it has entered into a Scheme Implementation Agreement under which ARMZ Uranium Holding Co. (JSC Atomredmetzoloto) (“ARMZ”) will acquire all of the issued share capital in Mantra by way of a Board recommended Scheme of Arrangement (“Scheme”) under the Australian Corporations Act a Scheme of Arrangement. 

Under the Scheme, Mantra shareholders will receive A$6.87 in cash for every Mantra share they own (“Scheme Consideration”); and a dividend of A$0.15 for every Mantra share they own as at the Record Date under the Scheme (“Special Dividend”).

The Scheme Booklet has been mailed to shareholders, and can be viewed by clicking here.

Shareholder Information Line
Shareholders will be able to contact the Shareholder Information Line for further information on 1300 135 438 (from within Australia) or on +61 3 9415 4350 (from outside Australia) between 8.30am and 5.00pm (AEST) Monday to Friday.

Indicative Timetable
Expected key dates for the Scheme are set out below:

Record Date for determination of entitlements to Scheme Consideration and Special Dividend

7.00pm on Thursday, 2 June 2011

Implementation Date

Tuesday, 7 June 2011

All times set out above are in Australian Western Standard Time (AWST) unless stated otherwise. Mantra reserves the right to vary the times and dates above and will announce any changes on ASX and SEDAR.

 

 

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