Business
Deeprock Minerals: Adjournment of Meeting for Approval of Spin-Off and Reverse Takeover with Allied Critical Metals
Vancouver, British Columbia – TheNewswire - November 22, 2024 – DeepRock Minerals Inc. (the “Company” or “Deeprock”) (CSE Symbol: “DEEP”), announces that its 20
About this update from Allied Critical Metals Inc.
[{"type":"text","content":"Vancouver, British Columbia – TheNewswire - November 22, 2024 – DeepRock Minerals Inc. (the “Company” or “Deeprock”) (CSE Symbol: “DEEP”), announces that its 2024 annual general and special meeting of shareholders (the \"Meeting\") was held to approve annual business and special business has been adjourned until December 12, 2024 at 10:00 am (Pacific Time). The Meeting was called to approve, among other annual business, a plan of arrangement (the “Arrangement”) involving Deeprock, its shareholders and Allied Critical Metals Corp. (“ACM”), as set forth pursuant to an arrangement agreement with an effective date of September 30, 2024 between Deeprock and ACM (the “Arrangement Agreement”). The Company conducted all annual matters proposed at the Meeting, but the Company has postponed the approval of the Arrangement. Prior to adjournment of the Meeting, shareholders approved all of the annual business, including the election of directors: Andrew Lee, Roger Baer, and Thomas Christoff. The purpose of the adjournment is to provide additional time for ACM to produce separate audited financial statements for the year ended June 30, 2024 and 2023 for predecessor issuer Pan Metals Unipessoal Lda and related materials, and for the Company’s shareholders to review those materials, which will be made available on the Company’s profile on SEDAR+ at www.sedarplus.ca as permitted by the interim court order received by the Company on October 21, 2024. In addition, the Company intends to provide a further news release update next week as to progress with the previously announced concurrent financing in connection with the Arrangement. The details of the Meeting, including how to attend the Meeting, are set out in the Company's management information circular dated October 23, 2024 (the \"Circular\") which is publicly available under the Company's profile on SEDAR+ at www.sedarplus.ca. The record date and location for the reconvened Meeting remain unchanged. During the adjournment, the Company will continue to solicit votes from its shareholders with respect to the Arrangement. Shareholders who have already submitted a proxy do not need to vote again for the adjourned Meeting as all previously submitted proxies, including those submitted after the original cut off date for the Meeting remain valid. The updated deadline for receipt of proxies is Dec...