SKYGOLD VENTURES LTD. ("SKV")
WILDROSE RESOURCES LTD. ("WRS")
BULLETIN TYPE: Plan of Arrangement - Change in Share type/classification or other attributes, Delist
BULLETIN DATE: July 4, 2008
TSX Venture Tier 2 Companies
Pursuant to ordinary resolutions passed by the shareholders of Skygold Ventures Ltd. ("Skygold") and special resolutions passed by the shareholders of Wildrose Resources Ltd. ("Wildrose") on June 13, 2008, and an order of the Supreme Court of British Columbia granted on June 17, 2008, Wildrose completed a plan of arrangement within its shareholders under Section 288 of the Business Corporations Act (British Columbia) under which all of the common shares of Wildrose were acquired by Skygold, resulting in Wildrose becoming a wholly-owned subsidiary of Skygold. The Plan of Arrangement was completed on June 27, 2008, and has resulted in 19,145,833 shares being issued or issuable to the former shareholders of Wildrose.
In addition, Skygold has assumed outstanding stock options and warrants of Wildrose, and has reserved for issuance 1,775,300 shares upon exercise of former Wildrose stock options, and 1,230,000 shares upon exercise of former Wildrose warrants.
Post - Arrangement:
Capitalization: Unlimited shares with no par value of which
68,623,515 shares are issued and outstanding
Escrow: Nil escrowed shares
Transfer Agent: Pacific Corporate Trust Company
Trading Symbol: SKV (same)
CUSIP Number: 830922 10 0 (same)
Delist - Wildrose Resources Ltd.
Effective at the close of business July 7, 2008, the common shares of Wildrose Resources Ltd. will be delisted from TSX Venture Exchange at the request of the Company.
TSX-X
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