Vancouver – Tenajon Resources (TNJ-V) shareholders have voted almost unanimously in favour of a merger with Creston Moly (CMS-V).
Pending regulatory approval the combined company will go forward under Creston Moly’s banner.
Tenajon shareholders voted 99.6% in favour of the merger.
The deal sees Tenajon shareholders receiving 0.84 Creston shares for each Tenajon share and will consolidate sizable molybdenum projects under one roof just as the moly market experiences a surge.
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