sur CANEX Metals Inc. (CVE:CANX)
CANEX Metals Gains Support as Gold Basin's Future Hangs in Balance
With Gold Basin Resources Corporation facing potential dissolution, over 30% of its shareholders have committed to CANEX Metals Inc.'s offer ahead of the December 12, 2025 deadline. Gold Basin's non-compliance, including failure to file necessary reports, could lead to delisting and dissolution by January 2026 if not addressed.
Gold Basin and Helix Resources Ltd. are defendants in a petition in the BC Supreme Court. The petition relates to another disclosure failure not communicated to shareholders. With critical deadlines approaching, CANEX's offer presents a potential lifeline for Gold Basin shareholders.
The offer includes a significant premium and promises improved governance. Gold Basin's precarious situation adds urgency for shareholders to tender their shares and consider CANEX's stable financial management and promising exploration potential in Arizona.
R. P.
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