Voyager Metals and Cerrado Gold Announce Completion of Business Combination Transaction
Voyager Metals and Cerrado Gold Announce Completion of Business Combination Transaction
TORONTO, ON / ACCESSWIRE / May 31, 2023 / Voyager Metals Inc. ("Voyager") (TSXV:VONE) and Cerrado Gold Inc. ("Cerrado") (TSXV:CERT) (OTCQX:CRDOF) are pleased to announce the successful completion of the previously announced statutory plan of arrangement (the "Arrangement") under the Business Corporations Act (Ontario) pursuant to which Cerrado acquired all of the issued and outstanding common shares of Voyager (the "Voyager Shares") that it did not already own. The Arrangement was carried out pursuant to the terms of the arrangement agreement between Voyager and Cerrado dated March 7, 2023 (the "Arrangement Agreement") and became effective today, resulting in Voyager becoming a wholly-owned subsidiary of Cerrado. The Arrangement had received the requisite approval of Voyager shareholders and optionholders at a special meeting held on May 24, 2023. The Ontario Superior Court of Justice (Commercial List) issued a final order approving the Arrangement on May 26, 2023.
多倫多,於/ACCESSWIRE/2023年5月31日/旅行者金屬公司(“旅行者號“)(TSXV:VONE)和Cerrado Gold Inc.(”塞拉多“)(多倫多證券交易所股票代碼:CERT)(OTCQX:CRDOF)欣然宣佈成功完成先前公佈的法定佈置圖則(“佈置“)下《商業公司法》(安大略省),據此,Cerrado收購了Voyager的所有已發行和已發行普通股(“旅行者共享“)。有關安排是根據旅行者與Cerrado於2023年3月7日訂立的安排協定(”安排協定“)並於今日生效,使Voyager成為Cerrado的全資附屬公司。這項安排已在2023年5月24日舉行的特別會議上獲得Voyager股東及購股權持有人所需的批准。安大略省高等法院(商業廣告清單)於2023年5月26日發佈了批准這一安排的最終命令。
Pursuant to the Arrangement, each former shareholder of Voyager, other than Cerrado, is entitled to receive 1/6 of one (1) Cerrado share for each outstanding Voyager share (the "Consideration"). Further in connection with the Arrangement, holders of the Voyager options received options of Cerrado adjusted in accordance with the Exchange Ratio and subject to the terms of the Arrangement Agreement (the "Cerrado Replacement Options"), resulting in the grant of 1,266,649 Cerrado Replacement Options. The Cerrado Replacement Options are not exercisable by the holders thereof until shareholder and relevant TSX Venture Exchange approvals have been obtained in respect of such options and an amended Cerrado omnibus plan with higher limits is in place to accommodate the exercise of such options. Such approval is being sought at the annual and special meeting of Cerrado shareholders expected to be held on July 19, 2023. In addition, all outstanding common share purchase warrants of Voyager ("Voyager Warrants") have been adjusted, in accordance with their terms, and following the Arrangement, are exercisable for up to 1,779,755 Cerrado shares based on the Exchange Ratio.
根據該安排,除Cerrado外,Voyager的每一位前股東有權以每股Voyager已發行股票換取一(1)股Cerrado股票的六分之一(“考慮事項此外,有關安排,Voyager期權持有人收到根據交換比率調整的Cerrado期權,並受安排協定的條款規限(“Cerrado更換選項“),從而授予1,266,649個Cerrado替代期權。Cerrado替代期權的持有人不得行使Cerrado替代期權,直到就此類期權獲得股東和相關的多倫多創業交易所的批准,以及修訂的Cerrado綜合計劃具有更高的限制以適應此類期權的行使。Cerrado股東年度和特別會議正在尋求批准,預計將於2023年7月19日舉行。此外,Voyager的所有未償還普通股認購權證(”旅行者號授權“)已根據其條款作出調整,並根據安排,可根據交換比率行使最多1,779,755股Cerrado股份。
In order to receive the Consideration in exchange for their Voyager shares, registered Voyager shareholders are reminded that they must complete, execute and submit the letter of transmittal (a copy of which was included in the meeting materials previously mailed to Voyager shareholders) to TSX Trust Company, in its capacity as depositary under the Arrangement, together with their certificate(s) or DRS advice(s) representing their Voyager shares, in accordance with the tender procedures described in the Circular (as defined below) and the letter of transmittal. Registered shareholders are encouraged to tender their Voyager shares as soon as possible in exchange for the Consideration. For any questions about completing the letter of transmittal in connection with the Arrangement, please contact TSX Trust Company at 416-342-1091 or by email at tsxtis@tmx.com. Beneficial shareholders should contact their intermediary and arrange for the intermediary to complete the necessary steps to ensure they receive the Consideration for their Voyager shares as soon as possible following the completion of the Arrangement.
為收取代價以換取Voyager股份,謹提醒Voyager登記股東,彼等必須按照通函(定義見下文)及遞送函件所述的招標程式,向多倫多證交所信託公司(根據安排以託管身分向Voyager股東寄發股份)填妥、簽立及提交遞送函(副本已包括於先前郵寄予Voyager股東的會議材料內),連同彼等代表Voyager股份的證書(S)或DRS意見(S)。鼓勵註冊股東儘快提交其Voyager股票,以換取對價。如有任何關於填寫與安排相關的傳送信的問題,請致電416-342-1091或通過電子郵件至tsxtis@tmx.com與多倫多證交所信託公司聯繫。實益股東應聯絡其中間人,並安排該中間人完成所需步驟,以確保他們在安排完成後儘快收到對其Voyager股份的對價。
Following completion of the Arrangement, the Voyager Shares are expected to be de-listed from the TSX Venture Exchange as soon as reasonably practicable, and in any event on or about June 5, 2023. In connection therewith, Voyager intends to submit an application to the applicable securities regulators to cease to be a reporting issuer and to terminate its public reporting obligations.
安排完成後,預計Voyager股票將在合理可行的情況下儘快於2023年6月5日左右在多倫多證券交易所創業板退市。與此相關,Voyager打算向適用的證券監管機構提交申請,要求其停止作為報告發行人並終止其公開報告義務。
Further details regarding the Arrangement are set out in Voyager's information circular dated April 19, 2023, which is available on SEDAR () under Voyager's issuer profile.
有關這項安排的進一步詳情載於Voyager於2023年4月19日發出的資料通告,該通告可於SEDAR()的Voyager發行商簡介下查閱。
Advisors
顧問
Echelon Wealth Partners Inc. acted as financial advisor and Bennett Jones LLP acted as legal advisor to Voyager in connection with the Arrangement.
Elhelon Wealth Partners Inc.擔任Voyager的財務顧問,Bennett Jones LLP擔任與這一安排有關的法律顧問。
WeirFoulds LLP acted as legal advisor to Cerrado in connection with the Arrangement.
WeirFoulds LLP擔任Cerrado的法律顧問,參與了這一安排。
About Voyager Metals Inc.
Voyager Metals Inc.簡介
Voyager Metals Inc. is a mineral exploration company headquartered in Toronto, Canada.The Company is focused on advancing its Mont Sorcier, Vanadium-rich, Magnetite Iron Ore Project, located just outside of Chibougamau, Quebec.
Voyager Metals Inc.是一家總部位於加拿大多倫多的礦產勘探公司。該公司專注於推進其位於魁北克奇布加莫郊外的Mont Sorcier富釩磁鐵礦專案。
About Cerrado Gold Inc.
關於Cerrado Gold Inc.
Cerrado Gold is a Toronto-based gold production, development, and exploration company focused on gold projects in South America. The Company is the 100% owner of both the producing Minera Don Nicolás mine in Santa Cruz province, Argentina, and the highly prospective Monte Do Carmo development project, located in Tocantins State, Brazil.
Cerrado Gold是一家總部位於多倫多的黃金生產、開發和勘探公司,專注於南美的黃金專案。該公司是阿根廷聖克魯斯省正在生產的Minera Don NicoláS礦和巴西託坎廷斯州備受期待的蒙特多卡莫開發專案的100%所有者。
At Minera Don Nicolas, Cerrado is maximizing asset value through continued operational optimization and further production growth. An extensive campaign of exploration is ongoing to further unlock potential resources in our highly prospective land package in the heart of the Deseado Masiff.
在Minera Don Nicolas,Cerrado正在通過持續的運營優化和進一步的產量增長實現資產價值的最大化。一場廣泛的勘探活動正在進行中,以進一步釋放我們在Deseado Masiff心臟地帶極具前景的土地包中的潛在資源。
At Monte Do Carmo, Cerrado is rapidly advancing the Serra Alta deposit through Feasibility and into production. Serra Alta is expected to be a high-margin and high-return project with significant exploration potential on an extensive and highly prospective 82,542-hectare land package.
在蒙特多卡莫,Cerrado正在迅速推進Serra Alta礦藏的可行性,並投入生產。Serra Alta預計將是一個高利潤率和高回報的專案,在一個廣泛和極具前景的82,542公頃的土地上具有巨大的勘探潛力。
For more information about Voyager, please visit the website at: . For more information about Cerrado, please visit the website at: .
有關旅行者的更多資訊,請訪問網站:。欲瞭解更多有關Cerrado的資訊,請訪問網站:。
ON BEHALF OF THE BOARD OF DIRECTORS OF VOYAGER METALS INC.
代表Voyager Metals Inc.董事會。
Cliff Hale-Sanders, President and CEO Tel: +1-416-819-8558 |
Nicholas Campbell, CFA Director, Corporate Development Tel: +1-905-630-0148 |
|
csanders@voyagermetals.com | ncampbell@voyagermetals.com |
克利夫·黑爾·桑德斯, 總裁與首席執行官 電話:+1-416-819-8558 |
尼古拉斯·坎貝爾,CFA 董事,企業發展 電話:+1-905-630-0148 |
|
郵箱:csanders@voyagermetals.com | 郵箱:ncampbell@voyagermetals.com |
ON BEHALF OF THE BOARD OF DIRECTORS OF CERRADO GOLD INC.
代表Cerrado Gold Inc.董事會。
Mark Brennan, CEO and Chairman Tel: +1-647-796-0023 |
Mike McAllister Vice President, Investor Relations Tel: +1-647-805-5662 |
|
mbrennan@cerradogold.com | mmcallister@cerradogold.com |
梅克·布倫南 首席執行官兼董事長 電話:+1-647-796-0023 |
Mike·麥卡利斯特 投資者關系部總裁副經理 電話:+1-647-805-5662 |
|
郵箱:mbrennan@cerradogold.com | 郵箱:mmcallister@cerradogold.com |
Cautionary Note Regarding Forward-Looking Statements:
有關前瞻性陳述的注意事項:
This news release contains certain forward-looking information and statements within the meaning of applicable securities laws. The use of any of the words "expect'', ''anticipate'', ''continue'', ''estimate'', ''guidance'', ''objective'', ''ongoing'', ''may'', ''will'' and similar expressions are intended to identify forward-looking information or statements. In particular, but without limiting the foregoing, this news release contains forward-looking statements concerning the issuance of Cerrado Replacement Options and the requirement to receive Cerrado shareholder approval for the exercise thereof; the de-listing of Voyager shares from TSX Venture Exchange; and the intention to obtain an order to cease being a reporting issuer in the applicable jurisdictions and terminate its public reporting requirements.
本新聞稿包含符合適用證券法的某些前瞻性資訊和陳述。使用“預期”、“預期”、“繼續”、“估計”、“指導”、“客觀”、“正在進行”、“可能”、“將”和類似表達中的任何一個都是為了識別前瞻性資訊或陳述。特別是,但不限於前述,本新聞稿包含前瞻性陳述,涉及發行Cerrado替代期權和行使該期權必須獲得Cerrado股東批准的要求;Voyager股票從多倫多證券交易所風險交易所退市;以及打算獲得命令,停止在適用司法管轄區作為報告發行人並終止其公開報告要求。
Voyager and Cerrado believe the material factors, expectations and assumptions reflected in the forward-looking information and statements are reasonable at this time, but no assurance can be given that these factors, expectations and assumptions will prove to be correct. Forward-looking statements necessarily involve risks, including, without limitation, risks associated with the timing and ability of the Voyager to obtain all necessary regulatory and exchange approvals, as applicable, in order to de-list from the TSX Venture Exchange and cease being a reporting issuer; the timing and ability to obtain the requisite approval of Cerrado shareholders to allow for the exercise of the Cerrado Replacement Option; and the general regulatory environment in which Voyager and Cerrado operate.
Voyager和Cerrado認為,前瞻性資訊和陳述中反映的重大因素、預期和假設目前是合理的,但不能保證這些因素、預期和假設將被證明是正確的。前瞻性陳述必然涉及風險,包括但不限於與Voyager獲得所有必要的監管和交易所批准(如適用)以從多倫多證券交易所退市並停止作為報告發行人的時間和能力相關的風險;獲得Cerrado股東允許行使Cerrado替代選擇權所需的時間和能力;以及Voyager和Cerrado運營的一般監管環境。
The forward-looking information and statements included in this news release are not guarantees of future performance and should not be unduly relied upon. Events or circumstances may cause actual results to differ materially from those predicted, as a result of the risk factors set out and other known and unknown risks, uncertainties, and other factors, many of which are beyond the control of Voyager and Cerrado. In addition, forward looking statements or information are based on a number of factors and assumptions which have been used to develop such statements and information but which may prove to be incorrect. Such information may prove to be incorrect and readers are cautioned that the information may not be appropriate for other purposes. Although Voyager and Cerrado believe that the expectations reflected in such forward looking statements or information are reasonable, undue reliance should not be placed on forward looking statements because Voyager and Cerrado can give no assurance that such expectations will prove to be correct. In addition to other factors and assumptions which may be identified herein, assumptions have been made regarding, among other things, certain other risks detailed from time to time in the Voyager's and Cerrado's public disclosure documents including, without limitation, those risks identified in this news release and Circular, copies of which are available on the Voyager's SEDAR profile at .
本新聞稿中包含的前瞻性資訊和陳述不是對未來業績的保證,不應過度依賴。事件或情況可能會導致實際結果與預測的結果大不相同,這是由於所列風險因素以及其他已知和未知的風險、不確定性和其他因素造成的,其中許多因素是Voyager和Cerrado無法控制的。此外,前瞻性陳述或資訊基於一些因素和假設,這些因素和假設已被用於制定此類陳述和資訊,但這些因素和假設可能被證明是不正確的。這些資訊可能被證明是不正確的,並提醒讀者,這些資訊可能不適合用於其他目的。儘管Voyager和Cerrado認為此類前瞻性陳述或資訊中反映的預期是合理的,但不應過度依賴前瞻性陳述,因為Voyager和Cerrado不能保證這些預期將被證明是正確的。除了本文可能識別的其他因素和假設之外,還對旅行者號和Cerrado的公開披露檔案中不時詳細說明的某些其他風險做出了假設,包括但不限於本新聞稿和通告中確定的那些風險,其副本可在Voyager的SEDAR簡介中獲得,網址為:。
The forward-looking information and statements contained in this news release speak only as of the date of this news release, and Voyager and Cerrado do not assume any obligation to publicly update or revise them to reflect new events or circumstances, except as may be required pursuant to applicable laws.
本新聞稿中包含的前瞻性資訊和陳述僅代表截至本新聞稿發佈之日的情況,Voyager和Cerrado不承擔任何公開更新或修改它們以反映新事件或新情況的義務,除非根據適用法律的要求。
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
多倫多證券交易所風險交易所及其監管服務提供商(該術語在多倫多證券交易所的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。
SOURCE: Cerrado Gold Inc.
資料來源:Cerrado Gold Inc.