Sheltered Oak Resources Shareholders Approve Acquistion By Foundation Resources

Foundation Resources (TSXV:FDN) and Sheltered Oak Resources (TSXV:OAK) announced the approval of the acquisition of Oak by Foundation via a  three cornered amalgamation.

Barry Girling, CEO of Foundation Resources, commented:

This merged company will have greater capital market expertise paired with a strong geological management team to pursue undervalued opportunities in this challenging equities market environment all the while holding defined gold resources on the Coldstream and Kerrs properties.

Click here to view the full press release.