Share Exchange

United States Antimony Corporation (USAC) proposed acquiring Larvotto Resources via a scheme of arrangement, offering 6 USAC shares per 100 Larvotto shares. USAC also disclosed a ~10% ownership stake in Larvotto. The non-binding proposal is subject to Larvotto shareholder and regulatory approvals. The combination aims to scale antimony and critical minerals production outside China. While the proposal is an actionable takeover attempt, completion is conditional on a binding agreement, approvals, and successful integration.

Nu E Power Corp (NUEPF) has completed its acquisition of Blu Dot Systems, issuing 29.5 million Nu E shares in exchange for 100% ownership. The issued shares are subject to a 4-month resale restriction, and the deal awaits final CSE approval. A director/officer of Nu E, who also held Blu Dot shares, received 3,869,140 Nu E shares, classifying the transaction as related-party, though exemptions from formal valuation and minority approval applied. This acquisition aims to enhance Nu E’s resources in the renewable energy sector.