Business
Aethon Receives Final Court Order Approving Plan of Arrangement with AbraPlata and Announces Security Holder Voting Results
Aethon Receives Final Court Order Approving Plan of Arrangement with AbraPlata and Announc...
About this update from Abrasilver Resource Corp.
[{"type":"text","content":"\n\n\n\nAethon Receives Final Court Order Approving Plan of Arrangement with AbraPlata and Announces Security Holder Voting Results\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, Dec. 16, 2019\n\n\n\nTORONTO, Dec. 16, 2019 /CNW/ - Aethon Minerals Corp. (TSX.V:AET) (\"Aethon\" or the \"Company\") is pleased to announce that it has received a final order (the \"Final Order\") from the Ontario Superior Court of Justice (Commercial List) dated December 16, 2019 approving the previously announced plan of arrangement (the \"Arrangement\"), between Aethon and AbraPlata Resource Corp. (TSX.V:ABRA; OTCPK: ABBRF) (\"AbraPlata\"). Pursuant to the Arrangement, all of the issued and outstanding Aethon common shares will be exchanged on the basis of 3.75 AbraPlata common shares for each Aethon share.\n\n \n \n\n \nReceipt of the Final Order follows Aethon's special meeting of shareholders held on December 12, 2019, where the Arrangement was overwhelmingly approved by 99.35% of the votes cast by its shareholders.  Closing of the Arrangement remains subject to customary closing conditions, including the final approval of the TSX Venture Exchange (\"TSX-V\").  Assuming the satisfaction or waiver of these remaining closing conditions, it is anticipated that the Arrangement will be completed on or about December 20, 2019, following which date Aethon will be delisted from the TSX-V.\nAbout Aethon MineralsAethon Minerals is a mineral exploration company focused on creating shareholder value. Aethon has a large prospective land position along prolific mining belts located in northern Chile. Aethon believes it is uniquely positioned for growth and is actively pursuing selective exploration-stage growth opportunities.  Aethon is based in Toronto, Canada, and is listed on the TSX-V under the symbol \"AET\".  \nAbout AbraPlataAbraPlata is focused on exploring and advancing its flagship Diablillos silver-gold property. In addition, AbraPlata owns the highly prospective Cerro Amarillo property with its cluster of five mineralized Cu-(Mo-Au)...