OCEANUS RESOURCES CORPORATION ("OCN")
EL TIGRE SILVER CORP. ("ELS")
BULLETIN TYPE: Plan of Arrangement- Delist
BULLETIN DATE: November 24, 2015
TSX Venture Tier 2 Companies
Plan of arrangement:
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing an arrangement agreement between Oceanus Resources Corporation ("Oceanus") and El Tigre Silver Corp. ("El Tigre"), dated September 15, 2015 (the "Agreement"). On November 13, 2015, pursuant to the Agreement Oceanus acquired all of the issued and outstanding common shares of El Tigre by way of a plan of arrangement under the Business Corporations Act (British Columbia) (the "Transaction"). Under the Agreement, each El Tigre shareholder received 0.2839 of an Oceanus common share for each common share of El Tigre held.
The Transaction was approved by the shareholders of El Tigre at a special meeting of the shareholders held on November 5, 2015 and was approved by the Supreme Court of British Columbia on November 10, 2015 and the transaction closed on November 13, 2015.
Post - Arrangement (Oceanus ("OCN")):
Capitalization: Unlimited Shares with no par value of which
76,870,273 Shares are issued and outstanding
Escrow: Nil Shares
Transfer Agent: Computershare Investor Services Inc.
Trading Symbol: OCN (UNCHANGED)
CUSIP Number: 67551V103 (UNCHANGED)
For further information please refer to the El Tigre Information Circular, dated as of October 6, 2015, which is available on SEDAR and the Oceanus press releases dated September 15, 2015 and November 13, 2015.
Delisting:
Further to the closing of the Transaction, the common shares of El Tigre will be delisted from the Exchange effective at the close of business, Tuesday, November 24, 2015.
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