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AbraPlata Completes Plan of Arrangement with Aethon

(via TheNewswire) Toronto - TheNewswire - December 19 , 2019 - AbraPlata Reso...

articleAbrasilver Resource Corp.December 19, 20195/company/abrasilver-resource-corp/news/abraplata-completes-plan-of-arrangement-with-aethon
AbraPlata Completes Plan of Arrangement with Aethon

About this update from Abrasilver Resource Corp.

[{"type":"text","content":"AbraPlata Completes Plan of Arrangement with Aethon(via TheNewswire)\n \n \nToronto - TheNewswire - December 19, 2019 - AbraPlata Resource Corp. (TSXV:ABRA) (OTC:ABBRF) (\"AbraPlata\") and Aethon Minerals Corp. (TSXV:AET) (\"Aethon\") are pleased to announce the completion of the previously announced plan of arrangement (the \"Arrangement\") under the Canada Business Corporations Act (the \"CBCA\"). The Arrangement was approved by the Aethon shareholders on December 12, 2019 in accordance with the requirements of the CBCA, the Ontario Superior Court of Justice (Commercial List) issued a final order in respect of the Arrangement on December 16, 2019. \n\n\n \nUnder the terms of the Arrangement, each former Aethon shareholder is now entitled to receive 3.75 common share in the capital of AbraPlata for each Aethon common share held prior to the Arrangement (the \"Consideration\"). As a result of the Arrangement, the common shares of Aethon (the \"Aethon Shares\") will be delisted from the TSX Venture Exchange and Aethon will apply to the relevant securities commissions to cease to be a reporting issuer under Canadian securities laws.\n\n\n \nPursuant to the letter of transmittal mailed to Aethon shareholders as part of the material in connection with the special meeting of Aethon shareholders held on December 12, 2019, in order to receive the Consideration to which they are entitled, registered holders of Aethon Shares will be required to deposit their share certificate(s) representing Aethon Shares, together with the duly completed letter of transmittal, with TSX Trust Company, the depositary under the Arrangement. Shareholders whose Aethon Shares are registered in the name of a broker, dealer, bank, trust company or other nominee should contact their nominee with questions regarding the receipt of the Consideration.\n\n\n \nDetails of the Arrangement, including a summary of the terms and conditions of the Arrangement Agreement, as amended, were disclosed in a management information circular of Aethon, which was mailed to holders of Aethon Shares, options, and warrants on November 20, 2019, and which is available under Aethon's profile on SEDAR at www.sedar.com. \n\n\n \nManagement and Directors\n\n\n \nConcurrent with the closing of the Arrangement, AbraPlata will now be led by Aethon's current executive management team. Mr. John...

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