Foremost Clean Energy Corrects Red Cloud Contract and Provides Details For Its Plan of Arrangement
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Foremost Clean Energy has announced a correction to its Red Cloud contract and provided details on its Plan of Arrangement. Shareholders as of December 20, 2024, will receive 2 Rio Grande shares for every 1 Foremost share.
November 20, 2024 | 1:45 pm
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Foremost Clean Energy has corrected its Red Cloud contract and announced a Plan of Arrangement where shareholders will receive 2 Rio Grande shares for every 1 Foremost share held as of December 20, 2024.
The Plan of Arrangement is a significant corporate action that will directly impact Foremost Clean Energy shareholders by providing them with shares in another company, Rio Grande. This could be seen as a positive development, potentially increasing the value of their holdings.
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IMPORTANCE 80
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