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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Cooper Canyon Resources Ltd | TSXV:CPY | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0 | - |
Copper Canyon also announces that on May 19, 2011, the Court of Queen's Bench of Alberta approved the Arrangement. The Arrangement is scheduled to close on May 20, 2011.
As described in the Circular, a deemed dividend may arise for shareholders in connection with the Arrangement. For purposes of the Income Tax Act (Canada), Copper Canyon designates all dividends paid or deemed paid by Copper Canyon pursuant to the Arrangement to be "eligible dividends".
About Copper Canyon
Copper Canyon Resources was created by way of a Plan of Arrangement on June 9, 2006. Shareholders of Eagle Plains Resources Ltd. (TSX VENTURE: EPL) approved the plan to reorganize the company's mineral property assets in an effort to maximize shareholder value. Under the terms of the arrangement, three of Eagle Plain's projects: Copper Canyon, Severance and Abo (Harrison) Gold, were transferred into Copper Canyon.
For further information please visit our website at http://www.copcanyon.com.
This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Contacts: Copper Canyon Resources Ltd. Mike Labach 1 866 HUNT ORE (486 8673) mgl@copcanyon.com www.copcanyon.com
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