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Published on 5/7/2013 in the Prospect News Distressed Debt Daily.

Northland Resources to hold extraordinary shareholders meeting June 4

By Caroline Salls

Pittsburgh, May 7 - Northland Resources SA will hold an extraordinary shareholders meeting on June 4, according to a company news release.

At that meeting, shareholders will be asked to consider a reduction in share capital, a reverse stock split, the issuance of warrants and assumption of senior bond obligations, a five-year renewal of authorized share capital and related amendments.

Northland is a Luxembourg-based producer of iron ore concentrate.


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