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An announcement from Cornish Metals ( (TSE:CUSN) ) is now available.
Cornish Metals Inc. has received a final court order to re-domicile from Canada to the United Kingdom through a statutory plan of arrangement. This move involves exchanging current shares for new shares in the UK entity, Cornish Metals plc, and is expected to close by December 16, 2025. The re-domicile is part of the company’s strategy to advance its South Crofty tin project, potentially positioning it as a key player in the tin industry, with implications for shareholders as the company plans to delist from the TSX Venture Exchange.
More about Cornish Metals
Cornish Metals is a mineral exploration and development company focused on advancing the South Crofty tin project in Cornwall, United Kingdom. The South Crofty project is a historical underground tin mine with existing infrastructure and is the highest grade known tin resource not currently in production. It is permitted for mining operations and aims to be the first primary producer of tin in Europe or North America, a critical mineral for electronic devices and infrastructure.
Find detailed analytics on CUSN stock on TipRanks’ Stock Analysis page.