BWR Exploration Inc. and Electro Metals and Mining Inc. Declare Shareholder Meeting and Set Record Date

BWR and Electro Meetings: BWR Exploration Inc. and Electro Metals and Mining Inc. will hold their Annual General and Special Meetings on December 31, 2025, to vote on a proposed Reverse Takeover (RTO) transaction, with BWR shareholders eligible to vote if they held shares as of November 21, 2025.

Transaction Details: The RTO will involve BWR issuing one post-consolidation share for each Electro share, with a share price of $0.021 for pre-consolidation BWR shares, and is expected to close around January 31, 2026.

Concurrent Financing: Both companies plan to raise between $1.6 million and $2.25 million through the issuance of Flow Through and Hard Dollar Units to support the transaction and exploration efforts.

Future Prospects: The merger aims to create a new publicly traded company with significant exploration assets, including the Magusi-Fabie Project in Québec, which is expected to enhance growth potential and shareholder value.