The name of the amalgamated company has been changed to McNickel Inc. Shareholders of Hanson will receive one share of McNickel for every five shares of Hanson. Shareholders of Perch River will receive one share of McNickel for each share of Perch River.
McNickel will continue to trade on the Canadian Over-the-Counter Automated Trading System (COATS) under the listing of Hanson until the letters of transmittal are delivered.
The company has been formed to explore and develop nickel- copper prospects in the Lac St. Jean area of Quebec.
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