Star copper announces shareholder and court approvals of spin-out of okeover project

Vancouver, bc / access newswire / may 6, 2025 / star copper corp. ("star copper" or the "company") (cse:stcu) is pleased to announce that shareholders of star copper (the "shareholders") have approved the previously announced plan of arrangement (the "arrangement") pursuant to which the company's 100% interest in the okeover copper-molybdenum project located immediately north of the coastal city of powell river, british columbia (the "okeover project"), along with related assets and liabilities, will be spun out to the shareholders (the "spin-out") through the shareholders receiving common shares in alpha copper corp. ("spinco"), currently a wholly owned subsidiary of the company. at the company's annual general and special meeting held on april 30, 2025, shareholders representing 41.75% of the company's issued and outstanding shares voted, and the special resolution approving the arrangement was approved by 99.99% of the votes cast.
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