BRIEF

on AXCAP VENTURES INC. (CVE:AXCP)

Axcap and Taura Gold Confirm Shareholder Approval and Name Change

Axcap Ventures Inc. and Taura Gold Inc. have announced that Taura's shareholders approved the previously-announced plan of arrangement. This approval allows Axcap to acquire all outstanding Taura shares through a court-approved arrangement under the Business Corporations Act in British Columbia. Additionally, Axcap has confirmed that the effective date for its share consolidation and name change to Roxmore Resources Inc. is set for November 19, 2025. The new Roxmore Shares will start trading on the Canadian Securities Exchange under the symbol "RM" on November 20, 2025.

The plan of arrangement received overwhelming support, achieving over 66% approval from votes cast by Taura's shareholders. The shareholders also approved annual general items such as the election of directors and the appointment of auditors. Currently, Axcap has 493,643,563 shares, which will be consolidated to 49,364,356 Roxmore Shares post-consolidation. No fractional Roxmore Shares will be issued, and adjustments will be made for all convertible securities in line with the consolidation.

R. H.

Copyright © 2025 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all AXCAP VENTURES INC. news