Media Release - Wyloo Metals
https://www.sedar.com/CheckCode.do
December 21,
NEXT STEPS AND EXPECTED TIMING
Noront shareholders do not need to take any action.
The Wyloo Offer is subject to BHP’s right to match period of five business days. If BHP does not exercise its right to match, Wyloo Metals and Noront will immediately enter into an Arrangement Agreement.
Following this, Noront shareholders will be provided with information in advance of a Special Meeting of Shareholders to vote on the Plan of Arrangement and subsequently make their elections regarding the transaction consideration.
Completion of the Wyloo Offer, which will be subject to the terms and conditions of the Arrangement Agreement, is expected to occur in March/April 2022.