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BWR Exploration Inc. and Electro Metals and Mining Inc. Announce Meeting of Shareholders and Record Date

Shareholders of both companies will vote on a Reverse Takeover and concurrent financing aiming to raise up to $3.75 million for exploration, with meetings set for Dec. 31.

  • On December 31, 2025, BWR Exploration Inc. will hold its Annual General and Special Meeting at 8:00 AM to approve a Proposed Amalgamation with Electro Metals and Mining Inc., while Electro will hold its shareholder meeting by ZOOM the same day to vote on the Transaction.
  • The deal aims to create Electro Metals and announce a Concurrent Financing to fund exploration, supported by TSXV acceptance.
  • Flow‑Through Units priced at $0.26 aim to raise $1.6–$2.25 million, with HD Units at $0.20 and warrants exercisable at $0.25 and $0.35.
  • The Boards of Directors of BWR and Electro unanimously approved the Transaction and are encouraging BWR shareholders of record to vote, with multiple financing closings expected to commence in late December.
  • Completion remains subject to TSXV acceptance and disinterested shareholder approval; the project carries obligations including $5million in Electro's option payments by January 15, 2029, $750,000 b in work by June 30, 2026, and $13.5 million in expenditures by June 30, 2029.
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The Hamilton Spectator broke the news in Hamilton, Canada on Tuesday, November 25, 2025.
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