Mr. Edward Yew reports
HIGHLAND CRITICAL MINERALS CORP. OBTAINS FINAL ORDER FOR PLAN OF ARRANGEMENT
Highland Critical Minerals Corp. obtained a final order on Nov. 28, 2025, from the Supreme Court of British Columbia, approving the previously announced statutory plan of arrangement under Section 288 of the Business Corporations Act (British Columbia), pursuant to which the company will distribute Class A common voting shares in the capital of its wholly owned subsidiary Highland Red Lake Gold Corp. and share purchase warrants of Highland Red Lake, exercisable to acquire Highland Red Lake shares at a price of 15 cents per share for a period of five years from the date of issuance to securityholders of the company.
As previously disclosed in the company's news release dated Nov. 25, 2025, at an annual general and special meeting of the Highland shareholders, the special resolution to authorize the arrangement was approved on Nov. 21, 2025. It is currently anticipated that the arrangement will close on or about Dec. 4, 2025, subject to the satisfaction and/or waiver of all customary conditions precedent set forth in the arrangement agreement dated Aug. 19, 2025.
Further details regarding the arrangement are described in the company's news release dated Aug. 20, 2025, and management information circular dated Oct. 27, 2025, and the arrangement agreement, each of which is available under the company's profile on SEDAR+.
About Highland Critical Minerals Corp.
Highland is a mineral exploration and development company. Its activities consist of acquiring and exploring, mining properties to enhance shareholder value as it proceeds with the exploration work on the Church property among other mining properties it may acquire and develop.
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