Uranium North and Diamonds North Shareholders Approve Amalgamation
posted on
Feb 12, 2013 01:07PM
Diamond and Uranium exploration in Northern Canada
February 08, 2013 |
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Vancouver, BC, February 8, 2013 - Diamonds North Resources Corp. (TSX-V: DDN) and Uranium North Resources Corp (TSX-V: UNR) (the "Companies") announce that the amalgamation of the Companies, as previously proposed on December 5, 2012 (see news release), has been approved by the shareholders of each of the two Companies at a special general meetings held on February 7, 2013. The name of the amalgamated company will be Adamera Minerals Corp. Upon completion of the amalgamation the Board of Directors of Adamera Minerals Corp will consist of Maynard Brown, Bernard Kahlert, Geir Liland, Yale Simpson and Mark Kolebaba with Mark Kolebaba serving as President and CEO of Adamera. "We are pleased the shareholders of both companies have shown strong support for the amalgamation of Diamonds North and Uranium North and our Washington State exploration strategy. We are eager to continue our exploration activities and achieve our goal of discovering a significant gold deposit," says Mark Kolebaba, President and CEO of the Companies. Closing of the amalgamation is still subject to the approval of the BC Supreme Court and the TSX Venture Exchange. The Companies anticipate the effective date of the amalgamation to be on or about February 19, 2013. Adamera's strategy is low cost exploration for significant, high grade gold deposits within hauling distance of existing mineral processing facilities in Washington State. On behalf of the Board of Directors, Mark Kolebaba President & CEO For additional information please contact: Uranium North Resource Corp. Heather Kays Manager, Corporate Communications Tel: (604) 484-7120 Fax: (604) 484-7143 Email: info@uraniumnorth.com Website: www.uraniumnorth.com Diamonds North Resources Ltd. Troy Shultz Manager, Corporate Communications Tel: (604) 689-2010 Fax: (604) 484-7143 Email: info@diamondsnorth.com Website: www.diamondsnorth.com |