Strachan Financing and Qualifying Transaction Cancelled, Transferring to NEX

By Staff,

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Strachan Resources Ltd. (SCN-P.V) announced that its Short Form Offering Document financing has been cancelled and that accordingly, its proposed Qualifying Transaction for the Chu Chua mining property, located in the Kamloops Mining Division in B.C., has been terminated.

As Strachan has not been able to complete its Qualifying Transaction in the time frame required by the TSX Venture Exchange, it will now be applying to transfer its listing to the NEX Board of the Exchange, as approved by its shareholders at the March 21, 2013 AGM.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2014 All rights reserved. Unauthorized reproduction is strictly prohibited.

This article appears in: Investing Commodities
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