On Thursday, October 30, 2008, at 9:30 a.m. ET, the Plan of Arrangement whereby Teck Cominco Limited acquired all the assets of Fording Canadian Coal Trust was finalized. The documents that relate to the Plan of Arrangement can be accessed by clicking on the above Teck logo. Fording has been delisted from both the NYSE and the TSX and unitholders that were on Fording's register at the closing time will be paid the Transaction Proceeds of US$82 and 0.245 of a Class B Teck share for each Fording unit held.
For further details, including tax related details, we urge you to review the "Mailed Management Information Circular" that is included with the documents. The Transaction Proceeds are anticipated to be delivered on October 31, 2008, and will likely reach individual investor broker accounts within a couple of days of that.
For other non-arrangement tax related information, please click here.
You may view all historical filings for Fording and Teck on SEDAR (www.sedar.com) or EDGAR (www.sec.gov). Alternatively, you may visit the Teck website at www.teck.com or contact the investor relations department at Teck by phone at (604) 699-4014 or by e-mail at email@example.com.