- Lancaster Resources (OTCQB:LANRF) said that the Supreme Court of British Columbia granted an interim order in connection with the proposed spin-off of Nelson Lake Copper by Lancaster (OTCQB:LANRF) by way of a plan of arrangement.
- To be effective, the arrangement must be approved by a special resolution passed at the meeting by at least two-thirds of the votes.
- If all necessary approvals are obtained, the company expects that the arrangement will close in March 2024.
