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     362  0 Kommentare Lowell Copper, Gold Mountain Mining and Anthem United Announce Shareholder Approval of Proposed Business Combination

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 29, 2016) -

    NOT FOR DISTRIBUTION TO THE UNITED STATES WIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES

    Lowell Copper Ltd. ("Lowell Copper") (TSX VENTURE:JDL), Gold Mountain Mining Corporation ("Gold Mountain") (TSX VENTURE:GUM) and Anthem United Inc. ("Anthem") (TSX VENTURE:AFY) (collectively, the "Parties") are pleased to announce that, further to their news releases dated August 15, August 31, September 23, and September 27, 2016, the shareholders of each of Lowell Copper, Anthem and Gold Mountain have unanimously approved the resolutions required to effect the proposed business combination to create JDL Gold Corp., a new diversified gold and copper production and development company (the "Transaction").

    The Parties will be making an application to the Supreme Court of British Columbia for the Final Order approving the plan of arrangement to complete the Transaction on October 5, 2016. Closing of the Transaction is expected to occur on or about October 6, 2016.

    Particulars of the Transaction, the process for the court application and the plans for the resulting company are fully described in the Joint Circular dated August 26, 2016 which has been filed on SEDAR and mailed to shareholders of the three companies.

    About Lowell Copper Inc.

    Lowell Copper is a copper exploration and development focused company led by J. David Lowell and is listed on the TSX-V. The company was founded to leverage the current market conditions and build a portfolio of economic copper projects through a combination of exploration, mergers and acquisitions by utilizing the considerable experience and success of management and directors of the company.

    About Gold Mountain Mining Corporation

    Gold Mountain is a public resource company managed by an experienced team of professionals with a solid track record of exploration, development and operational success. The company owns 100% of the 16,700 hectare Elk Gold property located in Southern British Columbia, which it intends to develop into a precious metal producer, and is also seeking additional near term production assets to further build shareholder value.

    About Anthem United Inc.

    Anthem is focused on building a precious metals producing company through the acquisition and development of silver and gold mineral assets. The company is currently advancing the operation of the 350 tonne per day Koricancha Mill in Peru, in which it owns a 75% interest as well as an 8% cost of sales royalty payable to Anthem. The company's joint venture partner, EMC Green Group S.A., owns the remaining 25% and is the operator of the Koricancha Mill. The Koricancha Mill produces gold for its own account by processing gold-bearing material purchased from small scale and artisanal miners in Peru.

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    Lowell Copper, Gold Mountain Mining and Anthem United Announce Shareholder Approval of Proposed Business Combination VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 29, 2016) - NOT FOR DISTRIBUTION TO THE UNITED STATES WIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES Lowell Copper Ltd. ("Lowell Copper") (TSX VENTURE:JDL), Gold Mountain …