Solstice Gold Corp V.SGC.W

Company will be delisted ????

[Tagish]

The conditions to closing include:

• Sunridge shareholders approving the transaction at a meeting to be called and held in January 2016; and
• Receipt of the remaining final regulatory approvals within China, including but not limited to final SASAC approval and approval of the National Development and Reform Commission, the Ministry of Commerce and the State Administration of Foreign Exchange; receipt of regulatory approvals in Canada, including the TSX Venture Exchange and receipt from the Ministry of Energy and Mines of the Government of Eritrea of notice of its approval of the transaction.

Under certain limited conditions a mutual termination fee of US$1 million would be payable; including acceptance of a superior offer by Sunridge, Sunridge shareholder approval not being received, or failure by either party to receive regulatory approvals.

Shareholder Vote

The sale of the shares of AMSC represents the sale of substantially all the assets of the Company and will require the approval of at least two-thirds of the votes cast by the shareholders of Sunridge at the special shareholder meeting called for Vancouver in January 2016. 

Post-Closing

The Board of Directors of Sunridge will include its recommendation to shareholders in the information circular for the planned shareholders meeting as to the disposition of net cash once it is received and all obligations of the Company have been settled but currently expects to distribute all the available cash to shareholders as a return of capital. 

Does the highlighted in RED explain that the company will be DELISTED,
or am I also reading it wring ?