Oct 19 (Reuters) - Adanac Molybdenum Corp:
* Court approves for distribution Adanac proposed plan of arrangement, creditor
meeting date, and notice to shareholders
* Court also approved distribution of the company's proposed plan of compromise
and arrangement to creditors
* Says court also dispensed with the need for the approval of the plan by the
company's shareholders
* Court ordered stay of proceedings in co's creditors arrangement act
proceedings be extended to December 31, 2010
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
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* Court approves for distribution Adanac proposed plan of arrangement, creditor
meeting date, and notice to shareholders
* Court also approved distribution of the company's proposed plan of compromise
and arrangement to creditors
* Says court also dispensed with the need for the approval of the plan by the
company's shareholders
* Court ordered stay of proceedings in co's creditors arrangement act
proceedings be extended to December 31, 2010
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.