Supreme Court approval for Plan of Arrangement
Challenger Acquisitions Limited (LSE: CHAL) is pleased to announce that on 14 July 2021 the Supreme Court of British Columbia approved the Plan of Arrangement in respect of the acquisition of Cindrigo Energy Limited (‘Cindrigo’) by Challenger that was presented to and approved by shareholders of Cindrigo on 29th June 2021. Subject to the satisfaction of the last outstanding condition to the Plan of Arrangement, the Company anticipates that the reverse takeover of Cindrigo by Challenger will complete before the end of July 2021.
A copy of the announcement can be downloaded HERE
Also available from the London Stock Exchange website HERE
