Minority Shareholders
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Global Helium Corp. Announces Mailing of Circular for Shareholder Meeting Regarding Plan of Arrangement
Global Helium Corp. (HECO) is set to hold a shareholder vote on October 16, 2025, regarding a proposed acquisition by 2679158 Alberta Ltd. The arrangement requires a 66⅔% supermajority approval and a simple majority from minority shareholders. Holders of 52.5% of shares have pledged support. The board, excluding a conflicted director, recommends approval. The transaction, expected to close around October 24, 2025, is subject to standard closing conditions, including court and regulatory approvals. A special committee conducted a review of the proposed transaction.