|Bid||1.0100 x 0|
|Ask||1.0300 x 0|
|Day's Range||1.0100 - 1.0100|
|52 Week Range||0.6800 - 1.0200|
|Beta (5Y Monthly)||0.94|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Karmin Exploration Inc. (“Karmin” or the “Company”) (TSXV and Lima Stock Exchange: KAR) and Nexa Resources S.A. (“Nexa Resources” or "Nexa") (NYSE and TSX: NEXA) are pleased to announce that Karmin has received a final order from the Court of Queen’s Bench of Alberta (Commercial List) approving the previously announced plan of arrangement (the "Arrangement") among the Company, Nexa Resources, Votorantim Metals Canada Inc., a wholly-owned subsidiary of Nexa Resources, and Kar Gold Inc., described in the press releases issued by each of the Company and Nexa on August 26, 2019.
TORONTO, Oct. 16, 2019 -- Karmin Exploration Inc. (“Karmin” or the “Company”) (TSXV and Lima Stock Exchange: KAR) is pleased to announce that, at a special meeting of.
Karmin Exploration Inc. (“Karmin” or the “Company”) (TSXV and Lima Stock Exchange: KAR) announces that the Court of Queen’s Bench of Alberta (Commercial List) granted the Company’s motion for an interim order authorizing various matters including the mailing of the management information circular (the “Circular”) and the holding of the special meeting of Karmin shareholders (“Shareholders”) to be held on Wednesday, October 16, 2019 at 10:00 a.m. (Toronto time) at The National Club, 303 Bay Street, Toronto, Ontario, M5H 2R1 (the “Meeting”). The Meeting is being held to consider the previously announced plan of arrangement (the “Arrangement”) involving among other things, the acquisition of the Company by Votorantim Metals Canada Inc. (the “Purchaser”), a wholly-owned subsidiary of Nexa Resources S.A. (“Nexa”), for cash consideration of approximately US$0.77 (the “Consideration”) for each outstanding common share of the Company (each, a “Karmin Share”), pursuant to an arrangement agreement dated August 26, 2019 (the “Arrangement Agreement”) among Nexa, the Purchaser, the Company and Kar Gold Inc. (“Kar Gold”).
Karmin Exploration Inc. (CVE:KAR) shareholders might be concerned after seeing the share price drop 13% in the last...