Eco Oro Minerals receives final court go-ahead
ECO ORO Minerals Corp. has obtained a final order of the Supreme Court of British Columbia approving its previously announced plan of arrangement pursuant to the Business Corporations Act (British Columbia). With receipt of the final order, substantially all material conditions precedent to the plan of arrangement are now satisfied and, as a result, the company expects to implement the plan of arrangement in the coming days.
The company has received sufficient funds, pursuant to the basic subscription right and additional subscription privilege to allocate the entire interest in the custody CVR. Accordingly, at this time, the company does not expect to call on any shareholders participating in the additional subscription privilege to pay, in addition to the amounts already deposited with Kingsdale Advisors, any additional amounts. In accordance with the plan of arrangement, any funds received by Kingsdale Advisors from a shareholder in excess of the amount actually required for such shareholder to acquire its interest in the custody CVR will be returned to such shareholder shortly following the effective date of the plan of arrangement.
About Eco Oro Minerals Corp.
Eco Oro Minerals is a pub-
licly traded precious metal exploration and development company with a portfolio of projects in Colombia. Eco Oro has been focused on its wholly owned, multimillion-ounce Angostura gold-silver deposit located in northeastern Colombia.
We seek Safe Harbor.
Lawrence Paul Haber, David Kay, Peter Croft McRae, Anna Stylianides, Courtenay Catherine Kellie Wolfe
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