The Conversation (0)
Alpha Minerals Inc. (TSXV:AMW) and Fission Uranium Corp. (TSXV:FCU) announced that their plans of arrangement have been approved by their respective securityholders. The completion of both arrangements is expected to occur on December 6, 2013.
As quoted in the press release:
The Fission Arrangement, which involves spinning out of certain assets of Fission to Fission 3.0 Corp., was approved by shareholders and optionholders of Fission (together, the “Fission Securityholders”) at a special meeting (the “Fission Meeting”) of the Fission Securityholders held today. At the Fission Meeting, a special resolution approving the Fission Arrangement was approved by: (i) 99.55% of the votes cast by Fission shareholders; and (ii) 99.60% of the votes cast by Fission Securityholders, voting together as a single class.
The Alpha Arrangement, which involves acquisition of all shares of Alpha by Fission and spinning out of non-Patterson Lake South assets of Alpha to Alpha Exploration Inc., was approved by shareholders, optionholders and warrantholders of Alpha (together, the “Alpha Securityholders”) at a special meeting (the “Alpha Meeting”) of the Alpha Securityholders held today. At the Alpha Meeting, a special resolution approving the Alpha Arrangement was approved by: (i) 83.18% of the votes cast by Alpha shareholders; and (ii) 85.72% of the votes cast Alpha Securityholders, voting together as a single class. In addition, Alpha received minority approval of the Alpha Arrangement in accordance with Multilateral Instrument 61-101.
Click here to read the Alpha Minerals Inc. (TSXV:AMW) press release
Click here to see the Alpha Minerals Inc. (TSXV:AMW) profile