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Stock impact report

Kaizen Discovery Announces Voting Results from Special Meeting of Securityholders and Receipt of Final Order Approving the Arrangement with Ivanhoe Electric [Yahoo! Finance]

Ivanhoe Electric Inc. (IE) 
Company Research Source: Yahoo! Finance
today that it obtained a final order from the Supreme Court of British Columbia with respect to the previously announced plan of arrangement under the Business Corporations Act (British Columbia) (the "Arrangement" ), pursuant to which Ivanhoe Electric Inc. (" IE ") will acquire all of the outstanding common shares of Kaizen not already beneficially owned by IE. Receipt of the final order follows the approval of the Arrangement by Company securityholders at the Special Meeting of the Company held on January 29, 2024, at which the Company securityholders voted in favour of the Arrangement by a vote of 62,793,356 For and 1,615,875 Against, and the majority of the minority of Company shareholders approved of the Arrangement by a vote of 2,435,728 For and 1,615,875 Against. Completion of the Arrangement remains subject to the satisfaction or waiver of certain customary closing conditions for transactions of this nature. Kaizen anticipates that closing of the Arrangement will be complete Show less Read more
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