Greenstone Resources Limited (AU:GSR) has released an update.
Greenstone Resources Limited and Horizon Minerals Limited are set to merge after Greenstone’s shareholders and optionholders overwhelmingly approved the proposed schemes of arrangement. Over 85% of voting shareholders and nearly 95% of optionholders supported the resolutions, with total votes cast in favor exceeding 96% and 99% respectively. This merger, however, is still subject to customary conditions as detailed in the Scheme Implementation Deed.
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