The Toronto Stock Exchange reports that Balmoral Resources Ltd. will be delisted at the close on May 25, 2020. According to the TSX, Wallbridge Mining Company Ltd. has acquired all of Balmoral's shares for 0.71 of a Wallbridge share per Balmoral share held.
The TSX reports that no fractional Wallbridge shares will be issued under the arrangement. In lieu thereof, the number of Wallbridge shares to be issued to Balmoral shareholders shall be rounded down to the nearest whole Wallbridge share.
For more information, see Balmoral's management information circular dated March 27, 2020.
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