An offer from Ressources Temisca (ME) to buy between 51% and all of the issued shares of Gestion Belroche will be voted on by Belroche shareholders on Aug. 30.
Belroche’s assets include a 20-million-tonne silica deposit, a 300,000-tonne quartz quarry and two dolomitic limestone quarries. Temisca plans to issue shares and warrants to make the acquisition. Regulators have yet to approve the offer.
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