Meridian Mining through its wholly-owned subsidiary Brasil Manganês Corporation Mineração, it has entered into a definitive Investment Agreement with Cooperativa de Garimperiros de Santa Cruz Ltda. and Cooperativa Metalúrgica de RondôniaLtda. whereby BMC can earn an interest in up to three components of the Cooperatives operation. Pursuant to the Agreement, and as discussed in further detail below, BMC has the right to [...]
Meridian Mining today announced the completion of its acquisition of Cancana Resources Corp. and the listing of the common shares of Meridian on the TSX Venture Exchange. Trading in Meridian's common shares will commence at market opening on November 28, 2016 under the symbol "MNO". Effective November 28, 2016 Meridian has completed the plan of arrangement contemplated by the arrangement agreement dated September 30 [...]
Cancana Resources, and Meridian Mining today announced that they have successfully completed the previously announced plan of arrangement, pursuant to which Meridian has acquired all of the issued and outstanding common shares of Cancana in exchange for shares of Meridian. In connection with the Arrangement, each Cancana common share will be exchanged for 0.4 Meridian common shares. Cancana has delivered a letter of [...]
Cancana Resources, today announced the voting results from the Company's Annual and Special meeting of shareholders held November 14. A total of 62,138,974 common shares were voted at the meeting, representing 75.91% of the votes attached to all outstanding common shares. Shareholders voted in favour of all items of business before the meeting, including the approval of the plan of arrangement (the "Arrangement") pursuant [...]
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