on Blackwolf Copper And Gold Ltd (NASDAQ:BWCGF)
Blackwolf Copper And Gold Ltd. Begins Mailing Special Meeting Materials Ahead of Proposed Arrangement with Treasury Metals Inc.
Blackwolf Copper and Gold Ltd. (TSXV:BWCG, OTCQB:BWCGF) has initiated the mailing of materials related to a special meeting of its securityholders. Scheduled for June 26, 2024, the meeting will address the proposed arrangement with Treasury Metals Inc. (TML), announced earlier on May 2, 2024.
During the meeting, both common shareholders and optionholders will vote on TML's acquisition of Blackwolf shares. Each Blackwolf common share will be exchanged for 0.607 TML common shares. Voting materials are available under Blackwolf's SEDAR+ profile and on the company's website.
The Blackwolf Board of Directors unanimously recommends approval of the arrangement. Securityholders are encouraged to cast their votes by proxy before June 24, 2024.
The companies highlight potential near-term gold production and a strong financial position post-arrangement. The combined entity will focus on strategic acquisitions and heightened exploration efforts in the Dryden, Ontario district.
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