Core Viewpoint - The shareholders of Commander Resources Ltd. overwhelmingly approved the arrangement with Enduro Metals Corporation, indicating strong support for the merger aimed at creating a more robust exploration company focused on copper and gold projects in British Columbia [1][2]. Group 1: Arrangement Details - The special resolution for the arrangement was approved by 99.1% of votes cast by Commander shareholders during the annual general and special meeting held on May 15, 2025 [1]. - The closing of the arrangement is contingent upon certain conditions, including the issuance of a Final Order by The Supreme Court of British Columbia and final approval from the TSX Venture Exchange, with an expected completion date around May 30, 2025 [2][3]. Group 2: Company Profiles - Enduro Metals is focused on its Newmont Lake Project, a 688 km² property located in British Columbia's Golden Triangle, with multiple deposit environments identified, including high-grade gold and copper-gold porphyry mineralization [4]. - Commander Resources has a diverse portfolio of base and precious metal projects across Canada, including the flagship Burn Project and the October Dome copper and gold porphyry target [7].
Commander Resources Announces Voting Results of Annual General and Special Meeting of Shareholders