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Usha and Totec's reverse takeover plan gets conditional TSX Venture approval.
Usha Resources and Totec Resources have announced that the TSX Venture Exchange has conditionally accepted their plan of arrangement, a key step toward a qualifying transaction.
The companies also filed a filing statement to provide details on the proposed deal, which is expected to result in a reverse takeover.
The transaction remains subject to final approval and other customary conditions.
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El plan de adquisición inversa de Usha y Totec recibe la aprobación condicional de la TSX Venture.