Business
Axcap and Taura Gold Announce Taura Shareholder Approval of Plan of Arrangement and Confirm Effective Date of Axcap Share Consolidation and Name Change
TORONTO, ON / ACCESS Newswire / November 14, 2025 / Axcap Ventures Inc. (CSE:AXCP) ("Axcap") and Taura Gold Inc. (TSXV:TORA) ("Taura") are pleased to announce t
About this update from Roxmore Resources Inc.
[{"type":"text","content":" TORONTO, ON / ACCESS Newswire / November 14, 2025 / Axcap Ventures Inc. (CSE:AXCP) (\"Axcap\") and Taura Gold Inc. (TSXV:TORA) (\"Taura\") are pleased to announce the results of the annual general and special meeting of shareholders of Taura (\"Taura Shareholders\") held on November 14, 2025 (the \"Taura Meeting\"). In addition to approving each of the annual general business considered at the Taura Meeting, Taura Shareholders overwhelmingly approved the previously-announced plan of arrangement (the \"Arrangement\") between Taura and Axcap, pursuant to which Axcap will acquire all of the issued and outstanding common shares of Taura by way of a court-approved plan of arrangement under the Business Corporations Act (British Columbia). In addition, Axcap is pleased to announce that it is has set post-market close on November 19, 2025 as the effective date of the previously-announced (i) consolidation (the \"Axcap Consolidation\") of its issued and outstanding common shares (the \"Axcap Shares\") on the basis of one (1) post-consolidation Axcap Share (each, a \"Roxmore Share\") for every ten (10) pre-consolidation Axcap Shares, and (ii) change of its corporate name to \"Roxmore Resources Inc.\" (the \"AxcapName Change\"). The Roxmore Shares will commence trading on the Canadian Securities Exchange (the \"CSE\") under the new trading symbol \"RM\" at the opening of trading on November 20, 2025. Results of the Taura Meeting Taura Shareholders overwhelmingly approved the resolution regarding the Arrangement (the \"Arrangement Resolution\"). The Arrangement Resolution was duly approved by the requisite threshold of votes, being (i) the favourable vote of not less than 66⅔% of the votes cast on such resolution by Taura Shareholders present in person or represented by proxy at the Taura Meeting, and (ii) the favourable vote of not less than a simple majority of the votes cast on such resolution by Taura Shareholders present in person or represented by proxy at the Taura Meeting, excluding those persons required to be excluded under Canadian securities laws, as detailed in the Taura Circular (as defined below). Taura Shareholders also overwhelmingly approved all other annual general items of business at the Taura Meeting, including, the election of directors, the appointment of the auditors, and the reapproval of Taura's stock option pla...