KENADYR MINING (HOLDINGS) CORP ("KEN")
[formerly KENADYR MINING (HOLDINGS) CORP. ("KEN.H")]
BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol, Resume Trading, Graduation from NEX to TSX Venture, Symbol Change
BULLETIN DATE: March 30, 2017
NEX Company
TSX Venture Exchange (the "Exchange") has accepted for filing the Company's Qualifying Transaction described in its Filing Statement dated February 27, 2017. As a result, at the opening on Friday, March 31, 2017, and the trading symbol for the Company will change from KEN.H to KEN. The Company will no longer be considered a Capital Pool Company. The Qualifying Transaction includes the following:
Amalgamation Agreement (the "Agreement") dated November 18, 2016 between Kenadyr Mining (Holdings) Corp (the "Company"), Kenadyr Mining Corporation ("Target") and 1096423 BC Ltd ("Subco"), pursuant to which the Company acquired 79,898,024 Target shares and 4,633,044 Target warrants to purchase 4,633,044 Target shares.
The Company has a 100% interest in certain exploration licenses in the Kyrgyz Republic via its wholly-owned subsidiary, Proektno-Issledovatelskii Tsentr (Design and Research Centre) Ala-Too Limited Liability Company.
The Exchange has been advised that the above transactions have been completed. The full particulars of the Company's Qualifying Transaction are set forth in the Filing Statement, which has been accepted for filing by the Exchange and which is available under the Company's profile on SEDAR.
In addition, the Exchange has accepted for filing the following:
Capitalization: Unlimited shares with no par value of which
83,447,624 shares are issued and outstanding
Escrow: 1,278,333 shares subject to a 3 year CPC escrow agreement
8,196,892 shares subject to a 3 year Exchange value escrow agreement
533,200 warrants are subject to a 3 year Exchange value escrow agreement
22,458,000 shares subject to a 3 year value escrow agreement as per the Exchange's seed share resale matrix
2,250,000 shares are subject to a 1 year hold as per the Exchange's seed share resale matrix
11,747,284 shares are subject to a 4 month hold as per the Exchange's seed share resale matrix
1,500,000 warrants are subject to a 4 month hold as per the Exchange's seed share resale matrix
Symbol: KEN same symbol as CPC but with .H removed
The Company is classified as a "Mineral Exploration and Development" company.
Graduation
The Company has met the requirements to be listed as a TSX Venture Tier 2 Company. Therefore, effective on Friday, March 31, 2017, the Company's listing will transfer from NEX to TSX Venture, the Company's Tier classification will change from NEX to Tier 2 and the Filing and Service Office will change from NEX to Vancouver.
Resume trading
Effective at open of trading, Friday March 31, 2017, shares of the Company resumed trading, an announcement having been made.
Company Contact: Kevin Ma, CFO and Corporate Secretary
Company Address: Suite 488, 1090 West Georgia Street, Vancouver, BC, V6E 3V7
Company Phone Number: 604-687-7130
Company Fax Number: 604-308-9110
Company Email Address: info@kenadyr.com
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