on Blackwolf Copper And Gold Ltd (NASDAQ:BWCGF)
Blackwolf Announces Securityholder Approval of Plan of Arrangement
Blackwolf Copper and Gold Ltd. (TSXV:BWCG, OTCQB:BWCGF) announced that the acquisition of all of the company's outstanding securities by Treasury Metals Inc. (TML) was overwhelmingly approved at Blackwolf's special meeting of securityholders on June 26, 2024.
The resolution approving the transaction required multiple votes: a two-thirds majority from Blackwolf shareholders, a two-thirds majority from securityholders voting as a single class, and a simple majority from disinterested shareholders. The approval voting results were 97.67%, 97.82%, and 96.42%, respectively.
The hearing for a final order regarding the transaction is scheduled for June 28, 2024, pending customary closing conditions.
R. E.
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