HANA MINING LTD. ("HMG")
BULLETIN TYPE: Plan of Arrangement- Change in Share type/classification or other attributes Delist
BULLETIN DATE: February 21, 2013
TSX Venture Tier 2 Company
1. Plan of Arrangement:
Hana Mining Ltd. ("Hana") entered into an arrangement agreement (the "Arrangement Agreement"), dated October 24, 2012 with Cupric Canyon Capital LP ("Cupric") and Cuprous Capital Ltd. ("Cuprous"), a wholly owned subsidiary of Cupric, pursuant to which Cuprous has acquired by way of court-approved plan of arrangement (the "Arrangement") under the Business Corporations Act (British Columbia) all of the outstanding securities of Hana.
Pursuant to the Arrangement Agreement, each Hana shareholder will be entitled to receive $0.82 for each Hana share held.
Hana shareholder approval was obtained December 27, 2012 and the Supreme Court of British Columbia issued a final approval approving the Arrangement on January 7, 2013. The Arrangement was completed on February 20, 2013.
2. Delist:
Effective at the open of business, Friday, February 22, 2013, the common shares of Hana will be delisted from TSX Venture Exchange at the request of the Company.
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