MINERA ALAMOS INC. ("MAI")
COREX GOLD CORPORATION ("CGE")
BULLETIN TYPE: Plan of Arrangement-, Delist
BULLETIN DATE: April 16, 2018
TSX Venture Tier 2 Companies
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing documentation in connection with an arrangement agreement between Corex Gold Corporation ("Corex") and Minera Alamos Inc. ("Minera") dated January 30, 2018 (the "Agreement"). Pursuant to the Agreement, Minera has agreed to acquire all of the issued and outstanding common shares of Corex by way of a plan of arrangement under the provisions of the Business Corporations Act (British Columbia) (the "Transaction"). Under the Agreement, each Corex shareholder will be entitled to receive 0.95 of a common share of Minera for each common share of Corex held, existing warrants of Corex will become exercisable into Minera common shares based on the exchange ratio in accordance with their existing terms and Minera will issue replacement options to the current holders of Corex options based on the exchange ratio.
The Exchange has been advised that approval of the Transaction by the Corex shareholders was received at a special meeting of shareholders held on April 4, 2018 and that approval of the Transaction was received from the British Columbia Supreme Court on April 6, 2018. The Transaction completed on April 13, 2018. The full particulars of the Transaction are set forth in the Management Information Circular of Corex, dated as of March 2, 2018, which is available under the Corex profile on SEDAR.
Delisting:
In conjunction with the closing of the Transaction, Corex has requested that its common shares be delisted. Accordingly, effective at the close of business, Tuesday, April 17, 2018, the common shares of Corex will be delisted from the Exchange.
Insider / Pro Group Participation: None. Prior to the closing of the Transaction Corex and Minera were at arm's length.
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