Bc Ltd Subco News Today : Breaking News, Live Updates & Top Stories | Vimarsana

TSX Venture Tier 2
 Company
Scottie Resources Corp. (the “Company”), AUX Resources Corporation (“AUX”) and 1302688 B.C. Ltd (“Subco”) entered into an Amalgamation Agreement (the “Amalgamation Agreement”) dated May 4, 2021, and has completed a three-cornered amalgamation (the “Amalgamation”) pursuant to which AUX and Subco will amalgamate pursuant to section 269 of the
Business Corporations Act (British Columbia).
The Exchange has been advised that the Amalgamation Agreement was approved by 99.92% of the votes cast by shareholders of the AUX at the shareholder meeting held on July 7, 2021. No shareholder approval was required for shareholders of the Company. The Amalgamation was completed on July 16, 2021 and as a result of the Amalgamation Agreement, the amalgamated company (“Amalco”) will continue as a wholly owned subsidiary of Scottie, and all of the issued and outstanding common securities of AUX have been exchanged for equivalent se ....

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