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Tartisan Resources Corp. Reports Closing of Canadian Arrow Mines Limited Acquisition
Feb. 02, 2018 05:55AM PST
Battery Metals
Tartisan Resources Corp (CSE:TTC) (“Tartisan”, or the “Company”) reports that the final closing of the acquisition of Canadian Arrow Mines Limited (formerly TSXV:CRO) has been completed in accordance with the previously announced Plan of Arrangement under the Business Corporations Act of Ontario.
Tartisan Resources Corp (CSE:TTC) (“Tartisan”, or the “Company”) reports that the final closing of the acquisition of Canadian Arrow Mines Limited (formerly TSXV:CRO) has been completed in accordance with the previously announced Plan of Arrangement under the Business Corporations Act of Ontario.
As of opening of trading today, all shares of Canadian Arrow Mines Limited have been converted into shares of Tartisan Resources Corp. on the ratio of 1 share of the Company for every 17.5 shares of Canadian Arrow Mines Limited, whose shares were delisted as of close of trading February 01, 2018.
The Company would like to welcome shareholders of Canadian Arrow Mines Limited into the combined Company.
Further particulars of the transaction are available on SEDAR.
Tartisan Resources Corp. common shares are listed on the Canadian Securities Exchange (CSE:TTC, FSE 8TA). Currently, following the closing, there are 93,308,550 shares outstanding (105,142,594 fully diluted).
For further information, please contact Mr. D. Mark Appleby, President & CEO and a Director of the Company, at 416-804-0280 (mark@tartisanresources.com). Additional information about Tartisan can be found at the Company’s website at www.tartisanresources.com or on SEDAR at www.sedar.com.This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.
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Source: www.fscwire.com
