VANCOUVER, BRITISH COLUMBIA, Sept. 14, 2026 (GLOBE NEWSWIRE) — 1470350 B.C. Ltd. (the “Company”) is pleased to announce that it has entered into a binding letter agreement dated September 11, 2026, (the “Letter Agreement”) with Orior Metals Corp. (“Orior”), to complete a proposed business combination between the Company and Orior (the “Proposed Transaction”). It is expected that the Proposed Transaction will proceed by way of a “three-cornered” amalgamation of Orior with a wholly-owned subsidiary of the Company (“Company Subco”) pursuant to the terms of a definitive agreement to be entered into by the Company and Orior and that the Company as it will exist after the completion of the Proposed Transaction (with such name expected to be changed to “Renatus Resources Inc.”) (the “Resulting Issuer”) will have its common shares listed on the TSX Venture Exchange (the “Exchange”).
Originally published via Source Article.