Atlas Iron Limited (ASX:AGO) Updates On The Aurox Resources Merger

  Perth, Australia, Mar 12, 2010 - (ABN Newswire) - Atlas Iron Limited (ASX:AGO) and Aurox Resources Limited (ASX:AXO) (PINK:AUOXF) yesterday announced to the Australian Securities Exchange (ASX) that they have executed a Scheme Implementation Agreement to effect a merger of the two companies by way of Scheme of Arrangement. Atlas will issue Aurox shareholders with one Atlas share for every three Aurox shares they hold upon implementation.  

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