The transaction, which is being carried out by way of statutory plan of arrangement under Section 288 of the British Columbia Business Corporations Act, was approved by 99.80% of the shareholders, optionholders and warrantholders of the company voting together as a single class and by 99.78% of the shareholders of the company voting as a separate class.
Subject to the satisfaction of certain conditions to closing, the transaction is expected to close on or about July 8, 2008.
