NEWS ROUNDUP — CanTung amalgamation approved

Shareholders of Canada Tungsten Mining, Canamax Resources and Minerex Resources approved an amalgamation plan at special meetings held recently in Toronto.

With court approval also in hand, the companies proceeded with the reorganization. Existing shares of the three companies can be exchanged (at various ratios) for shares of the surviving entity, Canada Tungsten, which will trade on The Toronto Stock Exchange.