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Timberline Resources’ Merger Leads to Corporate Transformation

Timberline Resources’ Merger Leads to Corporate Transformation

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The latest announcement is out from Timberline Resources (TLRS).

On August 16, 2024, following the successful completion of a merger, a company has commenced the process of delisting its common stock from the TSX Venture Exchange and has submitted a request to FINRA to suspend trading on the OTCQB, with the stock set to be delisted after final approval. Additionally, as a result of the merger, the company has seen a complete overhaul of its board and officers, with Stefan Spears, previously associated with McEwen, assuming the role of director and Treasurer. Shareholders approved the merger and executive compensation proposals at a Special Meeting, and the company’s certificate of incorporation and bylaws were fully amended post-merger, with detailed voting results released in a press release.

For detailed information about TLRS stock, go to TipRanks’ Stock Analysis page.

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