Northair Silver Securityholders Approve Business Combination With Kootenay Silver

Northair Silver Corp. (TSXV:INM) is pleased to announce that security holders of Northair have approved the previously announced business combination with Kootenay Silver (TSXV:KTN), to be completed by way of a plan of arrangement, at a special meeting held earlier today.
As quoted in the press release:

Under the terms of the Arrangement, Kootenay will acquire all the issued and outstanding common shares of Northair in exchange for 0.35 of a common share of Kootenay, plus 0.15 of a warrant to purchase Kootenay common shares at an exercise price of $0.55 for a period of five years from closing, for each Northair share held.

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