VANCOUVER, British Columbia, May 31, 2024 (GLOBE NEWSWIRE) — Osino Resources Corp. (TSX:OSI.V) (NSX:OSN) (FSE:RSR1) (“Osino” or the “Company“) today announced that, in connection with the previously announced statutory plan of arrangement under Business Corporations Act (British Columbia), pursuant to which Yintai Gold Co., Ltd (“Yintai“) will acquire all of the outstanding common shares of Osino for cash consideration of C$1.90 for each Osino Share (the “Arrangement“), all as more particularly described in Osino’s management proxy circular dated March 25, 2024 (the “Circular“), Yintai has obtained the approval of the State Administration of Foreign Exchange of the People’s Republic of China (the “SAFE Approval“) on May 28, 2024.
VANCOUVER, British Columbia, May 31, 2024 (GLOBE NEWSWIRE) — Osino Resources Corp. (TSX:OSI.V) (NSX:OSN) (FSE:RSR1) (“Osino” or the “Company”) today announced that, in connection with the previously announced statutory plan of arrangement under Business Corporations Act (British Columbia), pursuant to which Yintai Gold Co., Ltd (“Yintai”) will acquire all of the outstanding common shares of Osino for cash consideration of C$1.90 for each Osino Share (the “Arrangement”), all as more particularly described in Osino’s management proxy circular dated March 25, 2024 (the “Circular”), Yintai has obtained the approval of the State Administration of Foreign Exchange of the People’s Republic of China (the “SAFE Approval”) on May 28, 2024. Read MoreTSX-V:OSI, Namibian:OSN, Other OTC:OSIIF, Frankfurt:RSR1, CA68828L1004
GlobeNewswire – Mergers And Acquisitions
