Energy Fuels Inc. (TSX:EFR,OTCQX:EFRFF) announced that shareholders have approved the previously announced acquisition of Strathmore Minerals Corp. (TSX:STM,OTCQX:STHJF).
As quoted in the press release:
Of the votes cast at the Energy Fuels shareholder meeting, 99.31% were in favour of the Arrangement.
… In addition, the shareholders of Energy Fuels were asked to authorize a share consolidation (the “Share Consolidation”) as described in the Circular. Of the votes cast at the Energy Fuels shareholder meeting, 98.34% were in favour of the Share Consolidation. The Share Consolidation will be implemented at the discretion of the Board of Directors of the Company, but will not be implemented prior to completion of the Arrangement.