BARKERVILLE GOLD MINES LTD. ("BGM")
BULLETIN TYPE: Plan of Arrangement-, Delist
BULLETIN DATE: November 21, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing documentation in connection with an arrangement Agreement dated September 23, 2019 (the "Agreement") between Barkerville Gold Mines Ltd. ("Barkerville") and Osisko Gold Royalties Ltd. ("Osisko"). Pursuant to the Agreement, Osisko acquired from the shareholders of Barkerville all of the issued and outstanding common shares of Barkerville that it did not already own for consideration of 0.0357 of a common share of Osisko in respect of each common share of Barkerville held (the "Share Exchange Ratio"). Further, under the Agreement, holders of options to acquire Barkerville common shares outstanding immediately prior to the effective time of the Agreement received replacement options, entitling the holders thereof to receive Osisko common shares in lieu of Barkerville common shares, as adjusted in accordance with the plan of arrangement.
The Exchange has been advised that approval of the Arrangement by shareholders of Barkerville was received at a special meeting of the shareholders held on November 15, 2019 and that approval of the Arrangement was received from the Supreme Court of British Columbia on November 19, 2019. The full particulars of the Arrangement are set forth in Barkerville's Management Information Circular dated October 15, 2019 which is available under Barkerville's profile on SEDAR.
Barkerville and Osisko closed the Arrangement on November 21, 2019.
Delisting:
In conjunction with the closing of the Arrangement, Barkerville has requested that its common shares be delisted. Accordingly, effective at the close of business, Friday, November 22, 2019, the common shares of Barkerville will be delisted from the Exchange.
Insider / Pro Group Participation: Osisko is an Insider of Barkerville.
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