Rio Grande Resources Ltd. press release
CSE Bulletin: Notice of Distribution and Reclassification - Foremost Clean Energy Ltd. (FAT)
CSE - Canadian National Stock Exchange · Gold · Silver · Copper · Canada · M&A / Asset Transactions
Toronto, Ontario--(Newsfile Corp. - Le 29 janvier/January 2025) - Foremost Clean Energy Ltd. ("Foremost") has announced the effective date of the previously announced spin out (the “Spin-Out”) of its gold and silver properties. The spin-out of Rio Grande Resources Ltd. (“Rio Grande”), is anticipated to occur on January 30, 2025 (the “Effective Date”).
Pursuant to the Arrangement, shareholders of Foremost will receive one (1) new common share of Foremost (each a “New Foremost Share”) and two (2) common shares of Rio Grande (the “Rio Grande Shares”) for each common share of Foremost (“Foremost Share”) held.
For more information, please see the news releases issued by Foremost.
_
Foremost Clean Energy Ltd. (« Foremost ») a annoncé la date d'entrée en vigueur de la scission précédemment annoncée (la « scission ») de ses propriétés d'or et d'argent. La scission de Rio Grande Resources Ltd. (« Rio Grande ») devrait avoir lieu le 30 janvier 2025 (la « date d'entrée en vigueur »).
Conformément à l'entente, les actionnaires de Foremost recevront une (1) nouvelle action ordinaire de Foremost (chacune, une « nouvelle action Foremost ») et deux (2) actions ordinaires de Rio Grande (les « actions Rio Grande ») pour chaque action ordinaire.
Pour de plus amples renseignements, veuillez consulter les communiqués de presse publiés par Foremost.
| OLD Security Name/ANCIENNom de sécurité: | Foremost Clean Energy Ltd. - Common Shares | | Symbol(s)/Symbole(s): | FAT | | CUSIP & ISIN: | 34546R100/CA34546R1001 | | Delist Date/Date de radiation : | Le 29 JAN 2025 |
| NEW Security Name/NOUVEAUNom de sécurité : | Foremost Clean Energy Ltd. - Common Shares | | Symbol(s)/Symbole(s) : | FAT | | NEW/Nouveau CUSIP : | 34547F 10 5 | | NEW/Nouveau ISIN : | CA 34547F 10 5 3 | | Effective Trading Date/Date de négociation effective : | Le 30 JAN 2025 |
If you have any questions or require further information please contact Listings at (416) 367-7340 or E-mail: Listings@thecse.com
Pour toute question, pour obtenir de l’information supplémentaire veuillez communiquer avec le service des inscriptions au 416 367-7340 ou par courriel à l’adresse: Listings@thecse.com
Earlier from Rio Grande Resources Ltd.
- Foremost Clean Energy Provides Update of its Anticipated Closing Date of its Spin-Out from January 30 to January 31, 2025
- InvestorNewsBreaks - Foremost Clean Energy Ltd. (NASDAQ: FMST) (CSE: FAT) Sets Spin-Out of Gold and Silver Assets to Rio Grande Resources
- Foremost Clean Energy Provides Positive Update on Spin-Out of Rio Grande Resources
More m&a / asset transactions releases
- First Atlantic to Acquire 100% of the North Arm Project, 52 sq km of Mantle-Derived Ultramafic Rocks in Western Newfoundland Never Systematically Tested for Geologic Hydrogen, Chromium or Awaruite Nickel-Cobalt Alloy First Atlantic Nickel & Cobalt Corp. (FAN.V),
- Live Energy Minerals Completes Issuance of First Tranche of Shares for Plaster Rock Property in New Brunswick Live Energy Minerals Corp (LIVE.CN),
- NEMESIA SARL ACQUIRES SHARES OF FARADAY COPPER CORP. AND IS IMPACTED BY PASSIVE DILUTION Faraday Copper Corp. (FDY.TO),