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Gold/Mining/Energy : Selkirk Metals Corp.

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From: hypeman017/13/2007 3:58:09 AM
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Doublestar shareholders approve merger with Selkirk

2007-07-12 18:23 ET - News Release

Also News Release (C-SLK) Selkirk Metals Corp

Mr. Alan Savage of Doublestar reports

DOUBLESTAR SHAREHOLDERS APRROVE PLAN OF ARRANGEMENT WITH SELKIRK METALS CORP.

Doublestar Resources Ltd. shareholders approved the plan of arrangement between Doublestar and Selkirk Metals Corp. at an annual and special meeting of shareholders held earlier today. The resolution approving the arrangement was approved by 99 per cent of the votes cast at the meeting. Under the arrangement, each Doublestar Class A share will be exchanged for one-half of one common share of Selkirk. Further details concerning the arrangement can be found in the management information circular dated June 12, 2007, filed on the SEDAR website.

Registered shareholders (those shareholders who personally hold a Doublestar share certificate in their name) are reminded to send their Doublestar share certificates and completed letter of transmittal to the depositary Pacific Corporate Trust Company in order to receive their Selkirk shares. Shareholders who have their Doublestar shares held with a financial services or brokerage firm will find that their account representative's back office will automatically look after this exchange procedure.
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