sur Alta Copper Corp. (NASDAQ:ATCUF)
Alta Copper Shareholders Urged to Support Arrangement with Fortescue
Alta Copper Corp. has received endorsements from independent proxy advisory firms, including ISS, that shareholders should vote "FOR" the proposed plan of arrangement with Fortescue Ltd and its subsidiary, Nascent Exploration Pty Ltd. This recommendation is notable as the cash offer of C$1.40 per share provides a premium over the current market price, offering both immediate value and certainty to shareholders.
The decisive meeting is set for January 26, 2026, at Gowling WLG in Vancouver. For the agreement to proceed, it needs approval by two-thirds of the shareholder votes and separate majorities excluding Fortescue affiliated votes. The Board of Directors of Alta Copper supports the proposal, urging shareholders to vote before the January 22 deadline, ensuring their participation via online or telephone voting.
R. E.
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