RE:RE:RE:RE:RE:RE:R600W Zone Expansion and new Parallel High-Grade ZoneI believe it is 50% for DML shareholders & 2/3 for FCU shareholders.
Transaction Details
The Arrangement will be effected by way of a Plan of Arrangement completed under the Canada Business Corporations Actamong Denison, a wholly owned subsidiary of Denison, and Fission, and it must be approved by the Supreme Court of British Columbia. The Arrangement also requires shareholder approval from two thirds of the votes cast by the holders of Fission common shares (the "Fission Shareholders"), plus any minority approval of Fission Shareholders that may be required by Multilateral Instrument 61-101, and approval of 50% plus 1 of the votes cast by the Denison shareholders at their respective shareholder meetings. Denison shareholders will also be asked to approve a 2-for-1 share consolidation that will take place immediately following the closing of the Arrangement and a name change to "Denison Energy Corp.". The share consolidation and the name change will require shareholder approval from two thirds of the votes cast by the holders of Denison common shares.