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BRIEF-Shareholders approve acquisition of Claude Resources by Silver Standard

Published 2016-05-18, 02:28 p/m
© Reuters.  BRIEF-Shareholders approve acquisition of Claude Resources by Silver Standard
CRJ
-

May 18 (Reuters) - Claude Resources Inc CRJ.TO
* Shareholders approve acquisition of Claude Resources by
Silver Standard
* Says arrangement was approved by approximately 94% of
votes cast by Claude Resources shareholders
* Claude Resources Inc says all of co's issued and
outstanding common shares will be exchanged on basis of 0.185 of
a Silver Standard common share
* Says Silver Standard shareholders approved issuance of
consideration shares by approximately 93% of votes cast
* On closing of deal, all of co's issued and outstanding
common shares will be exchanged for C$0.001 in cash per co's
common share

Source text for Eikon: ID:nPn9l7CT8
Further company coverage: CRJ.TO

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