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| Home : Update of Kazax Minerals' Going-Private Transaction |
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Dec 16
2016 |
Update of Kazax Minerals' Going-Private Transaction |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 15, 2016) - Kazax Minerals Inc. ("Kazax") (TSX VENTURE:KZX) announces that it will be closing its Plan of Arrangement with 1069411 B.C. Ltd. ("Newco") on or about December 16, 2016, effective upon Computershare Investor Services Inc. mailing out the cash purchase price to Kazax shareholders. Newco is acquiring all of the outstanding common shares of Kazax that it does not already own, for $0.01 per share (the "Transaction"). The Transaction was previously approved by Kazax's shareholders and by the BC Supreme Court pursuant to a Plan of Arrangement under the Business Corporations Act (British Columbia). |
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| Source:http://www.marketwired.com/mw/release.do?id=2183569&sourceType=3 |
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