VANCOUVER, BC, Dec. 31, 2020 /PRNewswire/ - KORE Mining Ltd. announces that it has granted an aggregate of 248,000 restricted share units , in accordance with the Omnibus Plan approved by. | January 23, 2021
Kore Mining Announces Grant of Annual Incentive Awards marketwatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketwatch.com Daily Mail and Mail on Sunday newspapers.
Circular ) and related materials for the special meeting of the KORE shareholders (the
Meeting ) to be held on January 20, 2021 under its profile on SEDAR and on the Company s website at www.koremining.com/specialmeeting.
As previously announced in the Company s press release dated December 16, 2020, shareholders of the Company will consider and vote on the approval of the Spin-out. To be effective, the Spin-out must be approved by a special resolution passed by: (a) at least 66⅔% of the votes cast by KORE shareholders present or represented by proxy at the Meeting and (b) a majority of the votes cast by shareholders in person or represented by proxy at the Meeting, after excluding the votes cast by those shareholders whose votes are required to be excluded in accordance with Multilateral Instrument 61-101 –
Kore Mining s portfolio strategy has paid off says Scott Trebilcock northernminer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from northernminer.com Daily Mail and Mail on Sunday newspapers.
KORE to spin out BC-focused explorer Karus Gold
The Long Valley project in California (Credit: KORE)
As it looks to advance its two development projects in California, KORE Mining has announced plans to spin out its B.C. exploration holdings to Karus Gold, a new corporation.
As part of this transaction, all of the Karus common shares would be distributed to KORE shareholders on a pro-rata basis to their ownership in the parent company. Karus will initially operate as a reporting issuer in B.C. and Alberta, ahead of a rights offering planned for early 2021, which would then be followed by a public stock exchange listing in the first half of 2021.