Selkirk Announces Closing of Merger with Imperial Metals Corporation
05 Novembre 2009 - 1:06AM
Marketwired
Selkirk Metals Corp. ("Selkirk") (TSX VENTURE: SLK) is pleased to
announce that the previously announced merger with Imperial Metals
Corporation ("Imperial") (TSX: III) by way of Plan of Arrangement
(the "Arrangement") was approved by the Supreme Court of British
Columbia on November 2, 2009 and closed effective 12:01 a.m.
(Vancouver time) today.
Selkirk's shares will be delisted from the TSX Venture Exchange
effective at the close of market on November 5, 2009. Selkirk
shareholders will receive cash and/or common shares of Imperial, as
described in Selkirk's information circular dated September 16,
2009, a copy of which is available on SEDAR under Selkirk's profile
at www.sedar.com.
As a result of the Arrangement, Theodore Muraro, a former
director of Selkirk, has been added to the board of directors of
Imperial.
SELKIRK METALS CORP.
Brian Kynoch, Director
This release includes certain statements that may be deemed to
be "forward-looking statements" within the meaning of the U.S.
Private Securities Litigation Reform Act of 1995 or
"forward-looking information" within the meaning of Canadian
securities laws. All statements in this release, other than
statements of historical facts, that address future production,
reserve potential, exploration and development activities and
events or developments that Selkirk expects, are forward-looking
statements. Although management believes the expectations expressed
in such forward looking statements are based on reasonable
assumptions, such statements are not guarantees of future
performance, and actual results or developments may differ
materially from those in the forward-looking statements. Factors
that could cause actual results to differ materially from those in
forward looking statements include market prices, exploration and
development successes, continued availability of capital and
financing, and general economic, market or business conditions.
Please see our public filings at www.sedar.com for further
information.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Imperial Metals Corporation Brian Kynoch President
604-669-8959 www.imperialmetals.com
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