Madoro Metals updates proposed deal with Narrow River Resources, advances shareholder circular
Reuters2026/08/13 19:35- Madoro Metals’ proposed reverse takeover with Narrow River Resources advanced as parties worked to finalize shareholder disclosure materials.
- Management proxy circular remained in preparation ahead of a required special meeting to vote on the deal.
- Definitive share purchase agreement already signed with 9525-9867 Québec Inc. and Narrow River Resources.
- Concurrent non-brokered private placement of up to CAD 1.23 million continued, with completion tied to closing the transaction.
- Closing still depended on shareholder and regulatory clearances, completion of the financing, and final transaction documentation.
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