Canadian Zinc Corp. has acquired by way of court-approved plan of arrangement under the Business Corporations Act (British Columbia) all of the outstanding common shares of Messina Minerals Inc.
Pursuant to the arrangement, shareholders of the company are entitled to receive 0.16949 of a common share of Canadian Zinc for each one share of the company.
Company shareholder approval was obtained Dec. 16, 2013, and the Supreme Court of British Columbia approved the arrangement on Dec. 17, 2013. The arrangement was completed on Dec. 20, 2013.
Trading in the common shares of the company will be halted at the open, Friday, Dec. 20, 2013, at the request of the company.
Effective at the close of business, Friday, Dec. 20, 2013, the common shares of the company will be delisted from the TSX Venture Exchange.
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