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Share Name | Share Symbol | Market | Type |
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TSXV:NFX | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0 | - |
Maximus Ventures Ltd. ("Maximus") (TSX VENTURE:MXV) and NFX Gold Inc. ("NFX") (TSX VENTURE:NFX) are pleased to announce that shareholders of Maximus and NFX at their respective meetings held on September 11, 2008 in Toronto approved the resolutions necessary to allow the two companies to proceed with their planned business combination by way of statutory plan of arrangement, announced in their June 13, 2008 news release. The special resolution approving the plan of arrangement ("Arrangement") was passed by 99.99 % of the 26,044,565 million votes cast at the Maximus meeting. The various resolutions related to the Arrangement presented to the NFX shareholders were passed by 99.95 % of the 9,370,000 million votes cast at the NFX meeting. The completion of the transaction remains subject to court approval. A hearing before the Supreme Court of British Columbia at which Maximus will seek final court approval of the Arrangement has been scheduled for September 15, 2008. If court approval is obtained, Maximus and NFX anticipate that the transaction will close on or about September 16, 2008.
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