Lancaster Resources and Nelson Lake Copper announce that the plan of arrangement previously announced on Jan 30, 2024, including the spin-off of Lancaster's wholly-owned subsidiary, Nelson, closed today. The Arrangement was approved by the shareholders of the Company's common shares at an annual and special meeting held on March 15, 2024, and by the British Columbia Supreme Court in its final order dated March 25, 2024 [...]
In a release issued on Friday, February 9th by Lancaster Resources Inc., please note that the headline should have stated the interim offer was for Nelson Lake, rather than Crestfield Copper as originally announced. The corrected release follows: Lancaster Resources Announces Receipt of Interim Order for Nelson Lake Spin-Off Lancaster Resources Inc. is pleased to announce that on February 2, 2024, the Supreme Court of [...]
Lancaster Resources Inc. is pleased to announce that on February 2, 2024, the Supreme Court of British Columbia granted an interim order in connection with the proposed spin-off of Nelson Lake Copper Corp. by Lancaster by way of Plan of Arrangement. For further information on the Arrangement and the arrangement agreement, please refer to Lancaster's news release dated January 30, 2024. The Interim Order, among other [...]
In a release issued under the same headline today by Lancaster Resources, please note that in the second paragraph, the "Record Date" has been changed to Feb 5, 2024, and in the fourth and tenth paragraphs, the "Meeting" date has been corrected to March 15, 2024. The corrected release follows: Lancaster Resources Inc. is pleased to announce that further to the Spin-Off Agreement announced on January 2, 2024, the Company [...]
Lancaster Resources is pleased to announce that further to the Spin-Off Agreement announced on Jan 2, 2024, the Company has entered into an arrangement agreement dated January 29, 2024 which outlines the terms and procedures for a plan of arrangement with its wholly owned subsidiary Nelson Lake Copper whereby the Company intends to spin off the majority of its holdings in Nelson Lake by issuing a stock dividend of Nelson [...]
Lancaster Resources Inc. is pleased to provide an update on the significant progress of the Alkali Flat Lithium Brine Project in Lordsburg, New Mexico, and the strategic steps being taken to explore this flagship property. Also, through an amendment to the spin-off agreement signed between Lancaster and Nelson Lake, the record date for the Spin-Off transaction has been set for February 5, 2024. CEO's Statement: "Our [...]
Lancaster Resources Inc. announces entry into a Spin-Off Agreement with Lancaster's wholly owned subsidiary Nelson Lake Copper Corp. to spin off a majority of its interest in Nelson Lake Copper to Lancaster Resources shareholders. Incorporated on December 15, 2023, and extra-provincially registered in Saskatchewan, Nelson Lake has a 100% interest in the Nelson Lake Copper property. The Nelson Lake Copper property is [...]
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