THEMAC shareholders approve acquisition by Tulla Resources

Published 1 month ago Positive
THEMAC shareholders approve acquisition by Tulla Resources
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* THEMAC Resources (OTCPK:MACQF [https://seekingalpha.com/symbol/MACQF]) shareholders approved the acquisition by Tulla Resources.
* Shareholders will receive CAD $0.08 per common share under the approved plan of arrangement.
* 89.13% of eligible shares were represented at the meeting, totaling over 70.7M shares.
* The arrangement was approved by 95.07% of all votes cast.
* A final court order from the Yukon Supreme Court is expected on October 9, 2025.
* The transaction is anticipated to close in October 2025, after which THEMAC shares will be delisted from the TSXV.
* Source: Press release [https://seekingalpha.com/pr/20258168-themac-announces-shareholder-approval-of-going-private-transaction]

MORE ON THEMAC RESOURCES GROUP LIMITED

* Financial information for THEMAC Resources Group Limited [https://seekingalpha.com/symbol/MAC:CA/income-statement]