INTEGRA GOLD CORP. ("ICG")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement, Delist
BULLETIN DATE: July 17, 2017
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing an arrangement agreement (the "Arrangement Agreement") dated May 14, 2017 between Integra Gold Corp. (the "Company") and Eldorado Gold Corporation ("Eldorado") pursuant to which Eldorado has acquired by way of a plan of arrangement under section 288 of the Business Corporations Act (British Columbia) all of the issued and outstanding common shares of the Company that it does not own.
Pursuant to the Arrangement Agreement, each shareholder of Integra (excluding Eldorado) were entitled to receive $1.21 per share, to be satisfied by delivery to the holder of one of the following, at the election of the holder: (i) 0.24250 of an Eldorado share and $0.001, (ii) C$1.21250 in cash (in both (i) and (ii) subject to pro ration), or (iii) 0.18188 of an Eldorado share and C$0.30313 in cash.
Company shareholder approval was obtained on July 4, 2017 and approval of the Arrangement was received from the Supreme Court of British Columbia on July 7, 2017. The full particulars of the Arrangement are set forth in the Company's information circular (the "Circular") dated June 5, 2017, and which is available under the Company's profile on SEDAR. Securityholders of the Company should refer to the Circular for a summary of the procedures regarding the exchange of securities of the Company for the consideration to which they are entitled under the Arrangement. The Arrangement was completed on July 10, 2017.
Delist
Effective at the close of business Monday, July 17, 2017, the common shares will be delisted from TSX Venture Exchange at the request of the Company.
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