Highland mails materials for Nov. 21 meeting

Executive Summary

• Highland Critical Minerals Corp. has received an interim order from the Supreme Court of British Columbia and mailed meeting materials for an Annual General and Special Meeting scheduled for November 21, 2025.
• The primary purpose of the meeting is to seek shareholder approval for a proposed statutory plan of arrangement with Highland Red Lake Gold Corp., a wholly owned subsidiary.
• The arrangement requires approval by at least 66-2/3% of votes cast. The Board recommends approval, and voting support agreements covering 73.8% of shares have been secured.

Key Details

• Meeting Details: The Annual General and Special Meeting of Class A common share holders is scheduled for November 21, 2025.
• Record Date: September 22, 2025.
• Transaction Structure: A statutory plan of arrangement under the Business Corporations Act (British Columbia) between Highland Critical Minerals Corp. and its wholly owned subsidiary, Highland Red Lake Gold Corp.
• Approval Threshold: Requires approval of at least 66-2/3% of the votes cast by Highland shareholders.
• Board Recommendation: The Board of Directors has approved the arrangement and recommends shareholders vote in favor.
• Voting Support: As of the record date, 14,537,000 shares (73.8% of outstanding shares) are subject to voting and support agreements entered into on or about August 17, 2025.
• Timeline:
  • Interim Order Received: October 27, 2025.
  • Final Court Order: Expected on or about November 28, 2025, at 9:45 a.m. Vancouver time.
  • Closing: Expected prior to the end of 2025, subject to final court order, shareholder approval, and Canadian Securities Exchange approval.
• Reference: Further details on the arrangement are available in the company's press release dated August 20, 2025, and the management information circular.

Notable Quotes

• None explicitly quoted in the text; however, the Board's recommendation is stated: "The board of directors of Highland has approved the arrangement and recommends that shareholders vote for the arrangement at the meeting."