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Vulcan Minerals Inc.: Approval of Plan of Arrangement
Aug. 31, 2011 06:06PM PST
Potash InvestingVulcan Minerals Inc. (CVE:VUL) announced that its shareholders have approved a plan of arrangement to create a potash-focused subsidiary.
Vulcan Minerals Inc. (TSXV:VUL) announced that its shareholders have approved a plan of arrangement to create a potash-focused subsidiary.
The press release is quoted as saying:
The Company will distribute to the shareholders of Vulcan Minerals, one share of the newly spun out company, Red Moon Potash Inc., for every 3.812 shares held in Vulcan Minerals.
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