American Manganese Inc.: Shareholders’ Rights Plan

Critical Metals

American Manganese Inc. (CVE:AMY) reports that its Board of Directors has approved the adoption of a Shareholders’ Rights Plan agreement.

American Manganese Inc. (TSXV:AMY) reports that its Board of Directors has approved the adoption of a Shareholders’ Rights Plan agreement.

The press release is quoted as saying:

The Rights Plan has been adopted to ensure the fair treatment of all American Manganese shareholders in connection with any possible future take-over bids for the outstanding common shares of the Company. The Rights Plan will provide shareholders with adequate time to properly evaluate and assess a take-over bid without facing undue pressure or coercion. The Rights Plan is similar to the plans adopted by other Canadian companies.

Click here to access the entire news release.

Click here to access American Manganese’s company profile.

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