RE:Foremost Lithium Sets Date for Special Meeting LOL, that only took them 7 years to accomplish ... at least now they have a better name than "SpinCo"
"
All shareholders of record as of October 20, 2017 will be entitled to vote on a special resolution approving the Plan of Arrangement, at an annual general and special meeting to be held on Tuesday, December 5, 2017. Details of the Plan of Arrangement will be provided in a Management Information Circular that will be mailed to all eligible Far Resources’ shareholders in November. Upon completion of the Plan of Arrangement, eligible Far Resources’ shareholders will hold shares in two companies: Far Resources which will be dedicated to advancing the Zoro Lithium Property and a new company (“SpinCo”) which will pursue the Winston gold project located in Sierra County, New Mexico. Upon completion of the Plan of Arrangement, each eligible Far Resources shareholder will hold one Far Resources share in the capital of the Company and a pro–rata share of the SpinCo shares to be distributed under the Plan of Arrangement (the “SpinCo Shares”) based on a conversion factor to be determined."
https://stockhouse.com/news/press-releases/2017/10/04/far-resources-provides-update-on-plan-of-arrangement