17 April 2014
Market Announcements Office
Australian Securities Exchange
10th Floor, 20 Bridge Street
Sydney NSW 2000

Extension of time to hold 2014 Annual General Meeting


Atlantic Gold NL (ASX:ATV) (Atlantic or Company) announces that on 16 April 2014 the Australian Securities and Investments Commission (ASIC) granted Atlantic an extension of time to hold its annual general meeting in respect of the financial year ended 31 December 2013 (2014 AGM).
ASIC has extended the period within which the Company must hold its 2014 AGM in accordance with the requirements of the Corporations Act 2001 (Cth) (Corporations Act) from 31 May 2014 to 31 July 2014.
The extension granted by ASIC was conditional on Atlantic making an announcement to ASX, by 22 April 2014, explaining the need for, and the effect of, that extension.

Need for the extension

On 7 April 2014, Atlantic announced to ASX (Proposed Merger Announcement) that it had entered into a Heads of Agreement with Spur Ventures Inc. (Spur) which sets out the basis on which the parties intend to pursue a merger transaction (Transaction) under which Spur will acquire all of the ordinary shares on issue in Atlantic by way of a scheme of arrangement under Part 5.1 of the Corporations Act between Atlantic and its shareholders (Scheme).
Subject to Atlantic and Spur being reasonably satisfied with their due diligence investigations in respect of each other and those parties entering into an Implementation Agreement in respect of the Transaction, Atlantic will apply to a Court of competent jurisdiction under the Corporations Act for an order under section 411(1) of the Corporations Act directing Atlantic to convene a meeting of Atlantic shareholders to approve the Scheme (Scheme Meeting).
Atlantic made application to ASIC to extend the period within which it must hold its
2014 AGM to enable the Company's 2014 AGM and the Scheme Meeting to be held on the same day.
Atlantic was of the view that it and its shareholders would be advantaged by the cost, time and logistical savings and synergies in being able to convene and attend 2 general meetings of Atlantic shareholders on the same day and to be held consecutively.

Suite 506

815 Pacific Highway

Chatswood NSW 2067

Australia

t (612) 9410 0993 f (612) 9410 0958

Atlantic Gold NL

ABN 82 062 091 909

www.atlanticgold.com.au

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The extension of time granted by ASIC also enables the holding of the further Atlantic shareholder meeting on the same day as the Company's 2014 AGM and Scheme Meeting to seek the requisite shareholder approvals for the alternative transaction contemplated in the Proposed Merger Announcement if the Scheme is not approved by Atlantic shareholders at the Scheme Meeting by the requisite majorities.
While it is Atlantic's intention that the 3 general meetings of its shareholders will be held on the same day, there is no guarantee that this will, in fact, occur.

Effect of the extension

As a result of the extension of time granted by ASIC, Atlantic is required to hold its
2014 AGM by 31 July 2014 instead of by 31 May 2014.
Atlantic anticipates that its 2014 AGM will be held in mid to late July 2014 but, in any event, by no later than 31 July 2014.
Consequently, the items of business ordinarily considered by Atlantic shareholders at the Company's annual general meeting including consideration of Atlantic's Annual Financial Report, voting on Atlantic's annual Remuneration Report and considering the election of directors will be deferred until mid to late July 2014.
This extension will also give Atlantic shareholders some additional time to submit written questions to the auditor under section 250PA of the Corporations Act and to give notice of a resolution under section 249N of the Corporations Act to be considered at the Company's 2014 AGM.
Atlantic will shortly despatch a hard copy of its Annual Financial Report for the year ended 31 December 2013 to those shareholders who have requested it. The annual report will be available on the Company's website www.atlanticgold.com.auby close of business on Tuesday 22 April 2014. A Notice of Meeting for the Company's 2014

AGM is expected to be despatched in June 2014.

Wally Bucknell Managing Director

For further information please contact: Wally Bucknell, Managing Director
Atlantic Gold NL
wallybucknell@atlanticgold.com.au

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