Osino Resources Corp (TSE:OSI) has released an update.
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Osino Resources Corp. has initiated the process for a special meeting of Securityholders to vote on a proposed acquisition of the company by Yintai Gold Co., Ltd.’s subsidiary, with cash consideration of C$1.90 per share. The management information circular has been filed and mailed, guiding Securityholders to vote ahead of the April 25 deadline for the meeting scheduled on April 29, 2024. The acquisition is progressing with necessary approvals, aiming for completion in the first half of 2024.
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