TORONTO, Aug. 20, 2025 (GLOBE NEWSWIRE) -- BWR Exploration Inc. (TSXV: BWR) a Toronto, Ontario based corporation with its registered address at 82 Richmond Street East, Toronto, Ontario (“BWR”), is pleased to announce that, further to its news release dated December 24, 2024, it has entered into an amalgamation agreement dated August 19, 2025 (the "Agreement") with Electro Metals and Mining Inc. ("Electro"), and BWR’s wholly owned subsidiary ("Subco")(the "Proposed Transaction"). The Agreement replaces the binding letter of intent between BWR and Electro with respect to the Proposed Transaction, which was signed on December 24, 2025. It is expected that trading of BWR shares on the TSXV will resume as of market open on Monday, August 25, 2025.
Related Questions
How will the amalgamation affect BWR's share liquidity and price once trading resumes on August 25?
What are the key financial terms of the agreement, including any share issuance, dilution, or cash consideration for Electro Metals and Mining Inc.?
What regulatory approvals, shareholder votes, and timeline are required before the transaction can close, and what risks could delay or derail the deal?