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Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Thu., Apr. 18, 10:05 PM

This Slide: #3 of 100

Slide #3. Vizsla Copper Corp. — Universal Copper

Acquirer: Vizsla Copper Corp. (VCU.CA)
Acquiree: Universal Copper (CVE:UNV.CA)
Details: Vizsla Copper Corp. (TSXV:VCU) ("Vizsla Copper") and Universal Copper Ltd. (TSXV:UNV) ("Universal Copper") are pleased to announce the completion of the plan of arrangement under the Business Corporations Act (British Columbia) (the "Arrangement"), as previously disclosed on February 14, 2024. Pursuant to the terms of the Arrangement, among other things, (i) Vizsla Copper acquired 100% of the issued and outstanding common shares in the capital of Universal Copper (the "UNV Shares") in exchange for the issuance of 0.23 common shares in the capital of Vizsla Copper (each whole common share, a "Vizsla Copper Share") to shareholders of Universal Copper ("Shareholders") in exchange for each UNV Share (the "Exchange Ratio"), (ii) Universal Copper's outstanding stock options ("Options") were exchanged for options of Vizsla Copper, and (iii) Universal Copper's outstanding warrants became exercisable to acquire Vizsla Copper Shares, in amounts and at exercise prices adjusted in accordance with the Exchange Ratio.



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UNV.CA — Key Stats (updated 10 hours, 52 minutes ago)
Company Name:  Universal Copper Ltd
Website:  www.tuniversalcopper.com
Sector:  Non-Precious Metals & Non-Metallic Mining
 

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April 18, 2024  •  10:05 PM Eastern
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