Winston Capital Group Inc. Enters into Definitive Agreement for Qualifying Transaction
Corporation ), a capital pool company as defined under Policy 2.4 - Capital Pool Companies (
CPC ) of the TSX Venture Exchange (the
Exchange ), is pleased to announce that it has entered into a definitive agreement dated December 9, 2020 (the
Business Combination Agreement ) with Merida Minerals Inc. (
Merida ), as previously announced on May 11, 2020. Pursuant to the Business Combination Agreement, Winston s wholly owned subsidiary, 2797200 Ontario Inc. (
Subco ), will amalgamate with Merida (the
Amalgamation ) to complete the qualifying transaction (the
Transaction ) in accordance with the policies of the Exchange. Upon completion of the Amalgamation, the resulting issuer will be known as Merida Minerals Inc. (the