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Mountain Boy Minerals ( (TSE:MTB) ) just unveiled an announcement.
MTB Metals Corp. and ExGen Resources Inc. have received securityholder and court approval for a plan of arrangement, which will see ExGen acquire all issued and outstanding securities of MTB. The arrangement, overwhelmingly approved by securityholders, is expected to be completed on December 19, 2025, pending customary closing conditions and TSX Venture Exchange approval. This acquisition will result in the delisting of MTB shares from the TSXV, potentially enhancing ExGen’s portfolio and market positioning.
More about Mountain Boy Minerals
MTB Metals Corp. is focused on advancing copper-gold projects in the Golden Triangle of northern British Columbia, with significant properties like Telegraph and Southmore. The company also holds royalties on four projects in the region, including two past producing mines.
Average Trading Volume: 251,639
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$3.52M
See more data about MTB stock on TipRanks’ Stock Analysis page.