The Toronto Stock Exchange reports that Alta Copper Corp. will be delisted from the TSX at the close on March 10, 2026. According to the TSX, Nascent Exploration Pty. Ltd., a subsidiary of Fortescue Ltd., has acquired all of the issued and outstanding shares of the company (other than the shares already held by Nascent Exploration), pursuant to a plan of arrangement under an
arrangement agreement dated Dec. 13, 2025, involving the
company, Nascent Exploration and Fortescue. The
arrangement was approved by securityholders at a special meeting
held on Jan. 26, 2026.
The TSX reports that Alta Copper shareholders will receive $1.40 in cash per Alta Copper share held. To receive the consideration, shareholders must return the letter of transmittal together with share certificates and/or direct registration statements representing the shares to TSX Trust Company at its principal offices in Toronto.
For more information, see Alta Copper's management information circular dated Dec. 19, 2025, available on SEDAR+.
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