- Ascendant Resources Inc. (TSX:ASND) has scheduled a special shareholders meeting for May 6, 2025, to discuss the acquisition of its outstanding shares by Cerrado Gold Inc.
- Shareholders of record as of March 12, 2025, can vote, with a proxy submission deadline set for May 2, 2025.
- The special committee and independent director recommend a vote in favor of the arrangement.
Ascendant Resources Inc. (TSX:ASND) has announced a special meeting for its shareholders on May 6, 2025, at 10:00 a.m. at the company's headquarters in Toronto. The primary agenda is to vote on resolutions regarding the acquisition of all outstanding common shares of Ascendant by Cerrado Gold Inc.
Shareholders who were registered by the close of business on March 12, 2025, are eligible to vote. The special committee and an independent director have endorsed a vote in favor of the arrangement, which could strategically enhance shareholder value. Meeting materials have been dispatched to shareholders and filed on SEDAR+.
The deadline for proxy submissions is May 2, 2025, at 10:00 a.m., Toronto time. Shareholders are encouraged to submit their proxies in advance to ensure their votes are counted during the meeting. Further information regarding the arrangement and other meeting details are available in the company's official communications and on SEDAR+.
For additional queries regarding proxy submission or related concerns, shareholders can contact Computershare or TSX Trust Company via the provided contact details.