Osino Shareholders Approve Arrangement With Yintai
VANCOUVER, British Columbia, April 29, 2024 (GLOBE NEWSWIRE) — Osino Resources Corp. (TSX:OSI.V) (NSX:OSN) (FSE:RSR1) (“Osino” or the “Company”) today announced that, at the Company’s special meeting (the “Meeting”) of securityholders (the “Securityholders“) held earlier today, an overwhelming majority of Securityholders voted in favour of the resolution (the “Arrangement Resolution“) authorizing the previously announced statutory arrangement under Business Corporations Act (British Columbia), pursuant to which Yintai Gold Co., Ltd (“Yintai”) will acquire all of the outstanding common shares of Osino (the “Osino Shares“) for cash consideration of C$1.90 for each Osino Share (the “Arrangement”), all as more particularly described in Osino’s management proxy circular dated March 25, 2024 (the “Circular“).
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