Business
Court Approval Received and Effective Date Set for Walhalla 1:1 Spinout
Vancouver, British Columbia--(Newsfile Corp. - December 8, 2025) - Great Pacific Gold Corp. (TSXV: GPAC) (OTCQX: GPGCF) (FSE: V3H) ("Great Pacific Gold...
About this update from Great Pacific Gold Corp.
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - December 8, 2025) - Great Pacific Gold Corp. (TSXV: GPAC) (OTCQX: GPGCF) (FSE: V3H) ("Great Pacific Gold," "GPAC," or the "Company") announces that on December 5, 2025, the Company received final court approval for the Arrangement and Plan of Arrangement previously approved by shareholders of Great Pacific Gold for the spin out (the "Spin Out") of Walhalla Gold Corp. ("Walhalla"), whereby the Company will distribute the shares of Walhalla to the shareholders of GPAC. Walhalla will then own the Walhalla Gold Project in Victoria, Australia.","length":646,"tagName":"p"},{"type":"text","content":"GPAC shareholders who own common shares as at close of business on December 12, 2025 will be entitled to one Walhalla common share for every GPAC common share so held. The new Walhalla common shares will be issued to the GPAC shareholders on Monday December 15, 2025.","length":267,"tagName":"p"},{"type":"text","content":"The plan of arrangement remains subject to acceptance of the TSX Venture Exchange.","length":82,"tagName":"p"},{"type":"text","content":"Walhalla Gold Project","length":21,"tagName":"p"},{"type":"text","content":"The Walhalla-Woods Point Goldfield is one of Victoria, Australia's significant goldfields with an estimated total historic gold production from 54 mines of 2.2Mozs (72.2 tonnes) at a gold grade of 25.3g/t (Source: GeoVic, 2020), approximately 10% of the state's historic gold production. It is estimated that there are over 420 mines/workings for gold within the goldfield, which lies in the Palaeozoic-aged Melbourne geological structural zone, some 150km east of Melbourne.","length":483,"tagName":"p"},{"type":"text","content":"On behalf of Great Pacific Gold:Greg McCunnChief Executive Officer and Director","length":81,"tagName":"p"},{"type":"text","content":"For further information, visit gpacgold.com or contact:Investor RelationsPhone +1-778-262-2331Email: [email protected]","length":121,"tagName":"p"},{"type":"text","content":"Qualified Person","length":16,"tagName":"p"},{"type":"text","content":"The technical content of this news release has been reviewed, verified and approved by Callum Spink, the Company's Vice President, Exploration, who is a member of the Australian Institute of Geoscientists, MAIG...