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BWR Exploration ( (TSE:BWR) ) has provided an announcement.
BWR Exploration Inc. and Electro Metals and Mining Inc. have scheduled their Annual General and Special Meetings of Shareholders for December 31, 2025, to vote on a proposed amalgamation involving a Reverse Takeover of BWR by Electro. The transaction aims to create a new publicly traded company with enhanced growth potential, focusing on high-grade copper and gold projects, notably the Magusi–Fabie Project in Québec. The companies plan to raise funds through Concurrent Financing, expecting to close the transaction by January 31, 2026, subject to customary approvals. This strategic move is anticipated to strengthen their exploration assets and create significant value for shareholders.
More about BWR Exploration
BWR Exploration Inc. is a Tier 2 junior exploration company listed on the TSX Venture Exchange under the symbol BWR.V. The company holds three early-stage exploration properties in Canada, located in Québec, Ontario, and Manitoba, focusing on copper, nickel, zinc, and gold projects. These properties have reported historic resources that require further exploration to meet current reporting standards. BWR’s management team comprises experienced exploration and mining specialists.
Average Trading Volume: 123,533
Technical Sentiment Signal: Hold
Current Market Cap: C$1.66M
Learn more about BWR stock on TipRanks’ Stock Analysis page.