Exchange Bulletin
G Mining Ventures Corp. (GMIN) To Trade On Toronto Stock Exchange
Issuer: | G Mining Ventures Corp. ("GMIN") |
Securities: | Common shares ("GMIN Shares") |
Symbol(s): | GMIN |
Transaction: | Effective at the opening of business on July 17, 2024, the common shares ("New GMIN Shares") of G Mining Ventures Corp. ("New GMIN") will be listed and posted for trading under the trading information set out below, in substitution for the currently listed GMIN Shares. The foregoing results from an arrangement involving GMIN, Reunion Gold Corporation ("Reunion Gold") (TSXV: RGD) and Greenheart Gold Inc. ("Spinco") made effective on July 15, 2024 (the "Arrangement"), whereby New GMIN has acquired: (i) all of the issued and outstanding GMIN Shares; and (ii) all of the issued and outstanding common shares of Reunion Gold (the "Reunion Gold Shares"). |
Consideration: | Under the terms of the Arrangement, among other things:
|
Old Securities | Exchange Ratio for each GMIN Share held | New Securities | Symbol (no change) |
---|---|---|---|
GMIN Shares | 0.25 New GMIN Share (resulting in an effective 1-for-4 GMIN Share consolidation) | New GMIN Shares | GMIN |
Effective date for trading purposes: | The New GMIN Shares will be listed and posted for trading at the opening of business on July 17, 2024 in substitution for the currently listed GMIN Shares. |
Fractional entitlement: | No fractional New GMIN Shares shall be issued to GMIN Shareholders or Reunion Gold Shareholders. The number of New GMIN Shares to be issued to GMIN Shareholders and Reunion Gold Shareholders shall be rounded down to the nearest whole New GMIN Share in the event that a GMIN Shareholder or a Reunion Gold Shareholder is entitled to a fractional share without any additional compensation in lieu of such fractional share. |
Trading currency: | CDN$ |
Other market(s): | None |
Transfer agent and registrar: | Computershare Investor Services Inc. at its principal offices in Montréal. |
Designated market maker: | Citadel Securities Canada ULC |
Exchange procedure and payment of consideration: | Return GMIN Letter of Transmittal together with GMIN Share certificates and/or DRS Advices representing GMIN Shares to Computershare Investor Services Inc. at its principal offices in Toronto, in order to receive New GMIN Shares. |
Disclosure document: | Joint management information circular of GMIN and Reunion Gold dated June 7, 2024 (the "Circular"), which is available at www.sedarplus.ca. Capitalized terms not otherwise defined herein are as defined in the Circular. |
Additional information: | It is understood that Spinco has applied to list the Spinco Shares on TSX Venture Exchange. |
TSX contact: | Anne Child, Managing Director, TSX Listings |