ALX Resources (TSE:AL) has released an update.
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ALX Resources Corp. is set to hold a shareholder meeting to approve its acquisition by Greenridge Exploration Inc., with the arrangement allowing ALX shareholders to receive Greenridge shares. The transaction, which only requires ALX shareholder approval, aims to form a leading Canadian explorer of critical and precious metals.
For further insights into TSE:AL stock, check out TipRanks’ Stock Analysis page.