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Sprott Resource Lending Corp. Shareholders Approves Acquisition By Sprott Inc.


Monday, 22 Jul 2013 07:08am EDT 

Sprott Inc. and Sprott Resource Lending Corp. announced that on July 18, 2013, shareholders of Sprott Resource Lending approved the previously announced plan of arrangement involving Sprott Resource Lending and Sprott under the Canada Business Corporations Act pursuant to which Sprott will acquire all of the outstanding common shares in the capital of SIL (the "Arrangement"). Over 98.8% of SIL common shares voted at SIL's annual and special meeting of shareholders held on July 18, 2013, including 98.4% of SIL common shares held by minority shareholders, voted in favour of the special resolution approving the Arrangement. On July 19, 2013, a final order approving the Arrangement was granted by the Ontario Superior Court of Justice. 

Company Quote

3.0
0.02 +0.67%
25 Jul 2014