sur Gold Basin Resources Corporation (CVE:GXX)
Gold Basin Resources Completes Arrangement with CANEX Metals
Gold Basin Resources Corporation has finalized its recently announced arrangement with CANEX Metals Inc. Under the agreement, CANEX acquired all remaining outstanding common shares of Gold Basin. In exchange, Gold Basin shareholders received 0.592 of a common CANEX share per Gold Basin share.
The arrangement was initially announced on May 12, 2026, and received approval from Gold Basin's shareholders during a June 4, 2026 meeting. A final order from the Supreme Court of British Columbia was acquired on June 9, 2026.
Before this transaction, CANEX controlled approximately 51.86% of Gold Basin's shares. Post-arrangement, CANEX now owns 100% of Gold Basin's shares. An early warning report has been filed and can be accessed through CANEX's SEDAR+ profile.
R. E.
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