Atlas Iron Limited said that the schemes of arrangement between fellow Western Australian miner Warwick Resources Limited and its own shareholders and option holders in relation to the merger of Warwick with Atlas have been implemented.

All Warwick ordinary shares have been transferred to Atlas and all Warwick options to acquire shares in Warwick will now be cancelled.

In accordance with the merger implementation agreement, directors Mr William Burbury, Mr Bruce McQuilty and Mr Richard Bennett have resigned from the Warwick board.

An application to de list Warwick from the Australian Securities Exchange has been made and this is expected to take effect on December 21st 2009.

(Sourced from www.reuters.com)