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Balmoral Resources Ltd
Symbol BAR
Shares Issued 178,398,041
Close 2020-05-13 C$ 0.69
Recent Sedar Documents

Balmoral receives final court approval for acquisition

2020-05-13 18:06 ET - News Release

Also News Release (C-WM) Wallbridge Mining Company Ltd

Mr. Darin Wagner of Balmoral reports

BALMORAL OBTAINS FINAL COURT ORDER APPROVING PLAN OF ARRANGEMENT

Balmoral Resources Ltd. has obtained the final order from the Supreme Court of British Columbia approving the previously announced plan of arrangement with Wallbridge Mining Company Ltd., pursuant to which Wallbridge has agreed to acquire all of the issued and outstanding shares of Balmoral in exchange for consideration of 0.71 of a common share of Wallbridge for each Balmoral share, as described in Balmoral's information circular dated March 27, 2020.

It is currently anticipated that the transaction will close on May 22, 2020, subject to the satisfaction and/or waiver of all conditions precedent. The Balmoral shares will be delisted from trading on the Toronto Stock Exchange on or around May 25, 2020.

About Balmoral Resources Ltd.

Balmoral is a multiaward-winning Canadian-focused exploration company actively exploring a portfolio of gold and base metal properties located within the prolific Abitibi greenstone belt.

We seek Safe Harbor.

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