Effective at the close of business on Wednesday, June 10, 2015, the common shares of Soltoro Ltd. will be delisted from the TSX Venture Exchange. The delisting results from a plan of arrangement dated April 10, 2015, between Soltoro and Agnico Eagle Mines Ltd., whereby Agnico Eagle has acquired 100 per cent of Soltoro's issued and outstanding common shares.
Under terms of the arrangement, Soltoro shareholders will receive 0.00793 of an Agnico Eagle common share, one cent in cash and one common share of a newly formed Ontario company named Palamina Corp. valued at two cents per share, for each Soltoro share held.
For further details, please refer to the company's information circular dated May 5, 2015, and news releases dated April 10, 2015, May 11, 2015, and June 4, 2015.
© 2024 Canjex Publishing Ltd. All rights reserved.