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Flying Nickel Announces Voting Results from Annual General and Special Meeting
Vancouver, British Columbia--(Newsfile Corp. - July 25, 2024) - Flying Nickel Mining Corp. (TSXV:...
About this update from Cleantech Vanadium Mining Corp
[{"type":"text","content":"\nFlying Nickel Announces Voting Results from Annual General and Special MeetingVancouver, British Columbia--(Newsfile Corp. - July 25, 2024) - Flying Nickel Mining Corp. (TSXV: FLYN) (OTCQB: FLYNF) (the \"Company\" or \"Flying Nickel\") is pleased to announce that shareholders of the Company (the \"Shareholders\") have overwhelmingly approved the previously announced arrangement (the \"Arrangement\") involving the Company and Nevada Vanadium Mining Corp. (\"Nevada Vanadium\") at the Company's annual general and special meeting (the \"Meeting\") held on July 23, 2024. The special resolution approving the Arrangement (the \"Arrangement Resolution\") was required to be approved by a majority of votes cast by Shareholders present virtually or represented by proxy at the Meeting excluding Shareholders described in items (a) through (d) of Section 8.1(2) of Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions (\"Disinterested Shareholders\"). A total of 69,279,808 common shares of the Company (\"Common Shares\"), representing approximately 78.67% of votes entitled to be cast at the Meeting, were represented in person and by proxy at the Meeting. Approximately 94.94% of the votes eligible to be cast by Disinterested Shareholders were voted in favour of the Arrangement Resolution. Shareholders of Nevada Vanadium also approved the Arrangement by the requisite majorities at a meeting of shareholders of Nevada Vanadium held on July 23, 2024. Nevada Vanadium intends to seek a final order approving the Arrangement from the British Columbia Supreme Court on August 2, 2024 at 9:45 a.m. Closing of the Arrangement remains subject to satisfaction of certain customary closing conditions, including receipt of final court, stock exchange and regulatory approvals. Subject to the satisfaction of these closing conditions, the parties currently expect to complete the Arrangement in August, 2024. Further details regarding the Arrangement, including the principal closing conditions and the anticipated benefits for Shareholders, can be found in the joint management information circular of the Company and Nevada Vanadium dated May 24, 2024 (the \"Circular\") in respect of the Meeting, which can be found under the Company's SEDAR+ profile at www.sedarplus.ca.The Company is also pleased to announce that all other r...