Highfield Resources update on issuance of shares to EMR nominee
Published by Emilie Grant,
Editorial Assistant
World Fertilizer,
Highfield Resources Ltd has advised that it has received the waiver from Meritz Securities Co. (the EMR Nominee) of its requirement to obtain Highfield shareholders’ approval of the Yankuang transaction (the Yankuang Resolution).
Therefore, the issue of new ordinary shares as contemplated by resolution 2 approved by shareholders at the company's extraordinary general meeting on 30 December 2024 can now take place without the passing of the Yankuang Resolution - It is expected that the new shares will be issued, and the US$5 million of subscription monies paid to Highfield, on or before 16 January 2025.
Read the article online at: https://www.worldfertilizer.com/project-news/06012025/highfield-resources-update-on-issuance-of-shares-to-emr-nominee/
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