on ROK Resources Inc. (CVE:ROK)
ROK Resources Granted Court Approval, Amends Agreement Timeline
On December 16, 2025, ROK Resources Inc. secured a court order endorsing its arrangement plan and go-private transaction. This involves ROK, 17312539 Canada Inc., a subsidiary of Blue Alaska Oil Trading LLC, and 102220885 Saskatchewan Ltd., which will manage shares of EMP Metals Corp.
The agreement timeline has been extended to March 17, 2026, to accommodate the arrangement's financial considerations. ROK has fully earned the deposit, impacting the total transaction costs, now capped at CAD$4.25 million.
This alteration stems from Blue Alaska's delay in fulfilling payment obligations. ROK delivered a default notice, adjusting the transaction's completion. Following this, ROK aims to delist from TSXV and terminate its reporting issuer status in several Canadian jurisdictions.
R. H.
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