RED EAGLE EXPLORATION LIMITED ("XR")
BULLETIN TYPE: Amalgamation, Delist
BULLETIN DATE: April 24, 2018
TSX Venture Tier 2 Company
The TSX Venture Exchange (the "Exchange") has accepted for filing documentation in connection with an amalgamation agreement dated March 2, 2018 entered into between Red Eagle Mining Corporation ("Red Eagle Mining") and Red Eagle Exploration Limited ("Red Eagle Exploration"), pursuant to which Red Eagle Mining agreed to acquire all of the issued and outstanding shares of Red Eagle Exploration by way of an amalgamation (the "Amalgamation"). Under the Amalgamation, Red Eagle Mining acquired all of the issued and outstanding common shares of Red Eagle Exploration not already owned by it. Pursuant to the terms of the Amalgamation, Red Eagle Exploration shareholders received one (1) common share of Red Eagle Mining for every two (2) Red Eagle Exploration shares held.
The Exchange has been advised that approval of the Amalgamation by security holders of Red Eagle Exploration was received at a special meeting of the security holders held on April 5, 2018.
The full particulars of the Amalgamation are set forth in Red Eagle Exploration's information circular (the "Circular") dated March 2, 2018, which is available under Red Eagle Exploration's profile on SEDAR. Red Eagle Exploration security holders should refer to the Circular for a summary of the procedures regarding the exchange of Red Eagle Exploration securities for the consideration to which they are entitled under the Amalgamation.
Delisting:
In conjunction with the closing of the Amalgamation, the common shares of Red Eagle Exploration will be delisted from the Exchange. Accordingly, effective at the close of business, Wednesday, April 25, 2018 the common shares of Red Eagle Exploration will be delisted.
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