Atlas Salt Receives Court Approval for Plan of Arrangement with Triple Point
ATLAS SALT RECEIVES COURT APPROVAL FOR PLAN OF ARRANGEMENT WITH TRIPLE POINT St. John’s, Newfoundland and Labrador, September 8, 2022 – Atlas Salt Inc. (TSXV: SALT) (OTCQB: REMRF) (the “Company” or “Atlas Salt”) is pleased to announce that on September 7, 2022, the Supreme Court of British Columbia issued its final order approving a Plan of Arrangement (the “Arrangement”) with Triple Point Resources Ltd. (“Triple Point”). The Company has set 12:01 a.m. on September 22, 2022, as the effective time and date for the closing of the Arrangement. Shareholders of record as at the close of business on September 21, 2022, will be entitled to receive one Triple Point share for approximately 3.58 Atlas shares owned. The exact number of Triple Point shares to be issued for each Atlas Salt share will be determined on the effective date. Triple Point has applied to list its shares on the Canadian Securities Exchange […]