- The Supreme Court of British Columbia approved the plan of arrangement between Enduro Metals Corporation (OTCQB: ENDMF) and Commander Resources.
- Expected completion of the arrangement is around May 31, 2025, pending final stock exchange approvals.
- Detailed information can be accessed through Commander's management information circular on SEDAR+.
The plan of arrangement between Enduro Metals Corporation (OTCQB: ENDMF) and Commander Resources has received a significant advancement as the Supreme Court of British Columbia issued its Final Order approving the deal. This marks a crucial step forward for the parties involved in what is anticipated to be a substantial merger within the mining exploration sector.
The completion of this arrangement is contingent upon the satisfaction of closing conditions, including the acquisition of final stock exchange approvals. The parties have outlined their expectations to conclude this transaction by May 31, 2025. Interested stakeholders can review the comprehensive details regarding this arrangement, including the conditions for closure and expected shareholder benefits, outlined in Commander's management information circular dated April 9, 2025, available on the SEDAR+ platform.
Enduro Metals, known for its exploration activities in the Golden Triangle of British Columbia, and Commander Resources, which boasts a rich portfolio of base and precious metal projects across Canada, are poised to complement each other's strengths in this strategic alignment. The merger is expected to leverage both companies' exploration successes and enhance shareholder value.
