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TSX Venture Exchange Stock Maintenance Bulletins
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TSX Venture Exchange Stock Maintenance Bulletins - Press Release
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TSX Venture Tier 2
Company
Scottie Resources Corp. (the “Company”), AUX Resources Corporation (“AUX”) and 1302688 B.C. Ltd (“Subco”) entered into an Amalgamation Agreement (the “Amalgamation Agreement”) dated May 4, 2021, and has completed a three-cornered amalgamation (the “Amalgamation”) pursuant to which AUX and Subco will amalgamate pursuant to section 269 of the
Business Corporations Act (British Columbia).
The Exchange has been advised that the Amalgamation Agreement was approved by 99.92% of the votes cast by shareholders of the AUX at the shareholder meeting held on July 7, 2021. No shareholder approval was required for shareholders of the Company. The Amalgamation was completed on July 16, 2021 and as a result of the Amalgamation Agreement, the amalgamated company (“Amalco”) will continue as a wholly owned subsidiary of Scottie, and all of the issued and outstanding common securities of AUX have been exchanged for equivalent securities of Sco
BULLETIN DATE: July 2, 2021
TSX Venture Tier 2
Company
TSX Venture Exchange has accepted for filing the Company’s proposal to issue the following bonus warrants in consideration of two draws from a credit facility in the amount of AUS$500,000.00. The facility bears interest at 12.5% per annum and matures May 5, 2023:
1,363,569 bonus warrants that are exercisable into common shares at $0.135 to May 5, 2023 for the first draw of AUS$200,000.00
1,043,679 bonus warrants that are exercisable into common shares at $0.13 per share to May 5, 2023 for the second draw of AUS$150,000.00
North Beach Mining Pty Ltd. (Alfred Karl Wilson and Scott Paterson) will receive a finder’s fee of AUS$20,000.00
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