03:35 PM EST - Marengo Mining Limited : announced that, subject to shareholder and regulatory approvals, it proposes to restructure Marengo Mining Limited to redomicile to Canada by way of a Scheme of Arrangement. The redomicile will not result in any changes in Marengo's management, operations or strategy and its shares will trade under the same symbols as the Marengo shares trade at present. In April 2008, Marengo listed on the TSX and concurrently raised $10.4 million. Subsequently Marengo has undertaken a number of successful capital raisings and raised $127.6 million, primarily through supportive North American Institutions. Marengo Mining Limited
shares T.MRN are trading unchanged at $0.12.
