Canyon Resources sets date to reconvene special meeting

By Lisa Kerner

Charlotte, N.C., March 7 - Canyon Resources Corp. shareholders voted to adjourn the company's special meeting on Thursday.

The adjournment allows for solicitation of additional votes to approve Canyon Resources' merger with Atna Resources Ltd.

Canyon Resources will reconvene the meeting at 11 a.m. ET on March 13. The record date for the meeting remains Jan. 18.

According to a company news release, holders of 25.3 million shares voted in favor of the merger, representing 47.2% of the total Canyon stockholders that have delivered proxy cards. Canyon Resources said this represents 73% of the proxies delivered and 94.4% of the vote required to approve the merger.

The merger must be approval by holders of a majority of outstanding Canyon Resources common stock.

On Nov. 19, Atna announced it would acquire Canyon Resources for $25.9 million.

Atna is a gold exploration and mining company based in Vancouver, B.C.

Canyon Resources, located in Golden, Colo., is a mineral and precious metals exploration and mining company.

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