Ranchero Announces Execution of a Definitive Agreement Related to the Disposition of its Santa Daniela Property
The Company intends to relinquish its interest in the remaining portions of the Santa Daniela property in order to eliminate holding costs (together with the sale of the Licenses, the “Disposition”).
- The Company intends to relinquish its interest in the remaining portions of the Santa Daniela property in order to eliminate holding costs (together with the sale of the Licenses, the “Disposition”).
- For further details of the Disposition, see the Company’s press release dated December 27, 2023.
- The Disposition is subject to the approval of the TSX Venture Exchange (the “TSXV”) and the shareholders of the Company.
- In relation to the Disposition, Ranchero has convened a special meeting of its shareholders to be held on February 22, 2024, to seek shareholder approval for the Disposition.