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INV Metals (TSX:INV) receives approval for arrangement
Source: The Northern Miner
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  • INV Metals (INV) has received a final order approving the plan of arrangement with Dundee Precious Metals Inc.
  • INV shareholders will receive 0.0910 of a DPM share for each INV share
  • The arrangement is expected to close on or about July 26, 2021
  • Following the closing of the arrangement, the INV shares will be de-listed from the TSX
  • INV Metals is an international mineral resource company
  • INV Metals Inc. (INV) is unchanged, trading at C$0.66 per share at 11:35 am ET

INV Metals (INV) has received a final order from the Ontario Superior Court of Justice approving the plan of arrangement with Dundee Precious Metals Inc.

Dundee will acquire all of the issued and outstanding common shares of INV Metals. Each INV Metals shareholder will receive 0.0910 of a DPM common share for each INV share held.

Subject to obtaining all required approvals and satisfying all required conditions, the arrangement is expected to close on or about July 26, 2021.

Following the closing of the arrangement, the INV shares will be de-listed from the Toronto Stock Exchange.

INV Metals is an international mineral resource company focused on the acquisition, exploration and development of precious and base metal projects in Ecuador.

INV Metals Inc. (INV) is unchanged, trading at C$0.66 per share at 11:35 am ET.

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