Atlas Salt Receives Shareholder Approval for Plan of Arrangement with Triple Point
ATLAS SALT RECEIVES SHAREHOLDER APPROVAL FOR PLAN OF ARRANGEMENT WITH TRIPLE POINT St. John’s, Newfoundland and Labrador, September 1, 2022 – Atlas Salt Inc. (TSXV: SALT) (OTCQB: REMRF) (the “Company” or “Atlas Salt”) is pleased to announce that at its annual general and special meeting held yesterday, holders of common shares of Atlas Salt (the “Shareholders”) voted overwhelmingly in favour of the special resolution to approve the proposed Plan of Arrangement (the “Arrangement”) with Triple Point Resources Ltd. (“Triple Point”) under the Business Corporations Act (British Columbia). The special resolution with respect to the Arrangement was approved by 99.99% of the votes cast by shareholders yesterday. In addition, the Arrangement was approved by a majority of the minority shareholders voting at the meeting in accordance with the requirements of the TSX Venture Exchange. Closing of the Arrangement is anticipated to occur this month and is subject to obtaining a final order of the […]