Independent Proxy Firms Recommend Creston Shareholders Vote for Merger with Mercator

Molybdenum Investing

Creston Moly Corp. (CVE:CMS) announced that independent firms have advised shareholders in the company to vote on a proposed merger with Mercator (TSE:ML).

Creston Moly Corp. (TSXV:CMS) announced that independent firms have advised shareholders in the company to vote on a proposed merger with Mercator (TSX:ML).

The press release is quoted as saying:

The Board of Directors of Creston, after receiving the recommendation of its special committee and consultation with its financial and legal advisors, has unanimously determined that the proposed transaction is in the best interests of Creston, is fair to the shareholders of Creston, and to recommend that shareholders of Creston vote in favour of the proposed transaction.

Click here to read the entire news release.

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