Darren Weaver, Andrew Saker and Martin Jones were appointed Joint and Several Administrators of Windimurra Vanadium Limited (ASX: WVL)(“Windimurra”) on 18 February 2009 pursuant to Section 436A of the Corporations Act 2001.

Windimurra’s core asset is a 90% shareholding in Midwest Vandium Pty Ltd (Administrators Appointed)(Receivers & Managers Appointed)

A Deed of Company Arrangement was executed and a Creditors Trust created on 31 December 2009.

A per the terms of the executed Deed of Company Arrangement, a meeting of shareholders will be convended to approve the recapitalisation proposal.

Once conditions precedent are either satisfied or waived, the dividend process will commence.