on Fox River Resources Corporation (CVE:FOX)
Fox River Resources Corporation Secures Interim Order for Arrangement
Fox River Resources Corporation (CSE:FOX) has received an interim order from the Ontario Superior Court of Justice for a proposed arrangement with Avenir Minerals Limited. This move will be executed under a statutory plan of arrangement as per the Canada Business Corporations Act. A special meeting for shareholders and optionholders will be held on June 23, 2026, to vote on the resolution, with proxy submissions due by June 19.
Detailed meeting materials will be shared with stakeholders, available on SEDAR+ and Fox River's website. The final court approval for this arrangement is expected by June 24, 2026, and, if approved, completion is anticipated in early Q3 2026.
Approval requires a two-thirds majority among shareholders and optionholders, and a majority from independent shareholders. Fox River's board, excluding one interested director, recommends voting in favor. Shareholders are encouraged to contact Laurel Hill Advisory Group with questions about the voting process.
R. H.
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