10:09:45 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Centurion Minerals Ltd (5)
Symbol CTN
Shares Issued 16,819,737
Recent Sedar Documents

Centurion Minerals spinout shareholder approval

2022-08-23 16:08 ET - Miscellaneous

Pursuant to special resolutions passed by the shareholders of Centurion Minerals Ltd. on Aug. 12, 2022, Centurion shareholders have approved a plan of arrangement under Section 288 of the Business Corporations Act (British Columbia) pursuant to the terms of an amended and restated arrangement agreement dated June 29, 2022, among Centurion and 1364565 B.C. Ltd. (Spinco), a wholly owned subsidiary of Centurion. Court approval of the plan of arrangement was obtained on Aug. 17, 2022.

The TSX Venture Exchange has been advised that the plan of arrangement was effected on Aug. 23, 2022. Pursuant to the plan of arrangement, on the effective date, Centurion will (i) reclassify and redesignate its existing common shares as Class A common shares; (ii) create a new class of common shares; and (iii) distribute to the shareholders of Centurion (A) one new Centurion share and (B) one Spinco common share for every one Class A share held.

The full particulars of the plan of arrangement are set forth in the Centurion management information circular, dated as of June 29, 2022, which is available under the Centurion profile on SEDAR.

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