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MATACHEWAN ANNOUNCES SETTLEMENT OF SHARE LENDING AGREEMENT
MATACHEWAN ANNOUNCES SETTLEMENT OF SHARE LENDING AGREEMENT Canada NewsWire TORONTO...
About this update from Matachewan Consolidated Mines, Limited
[{"type":"text","content":"\n\n\nMATACHEWAN ANNOUNCES SETTLEMENT OF SHARE LENDING AGREEMENT\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nCanada NewsWire\n\n\nTORONTO, May 13, 2026 /CNW/ - Matachewan Consolidated Mines, Limited (\"Matachewan\" or the \"Company\") (TSXV: MCM.A-X) today announced that it has fully repaid and terminated its previously announced share loan and pledge agreement dated January 7, 2026 (the \"Share Lending Agreement\") with an arm's-length lender.\nPursuant to the Share Lending Agreement, the Company borrowed 1,488,996 common shares of Taranis Resources Inc. (the \"Borrowed Shares\") in order to facilitate a distribution of Taranis common shares to the Company's shareholders. The Company has returned the Borrowed Shares to the lender, thereby fully satisfying its obligations under the Share Lending Agreement.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.Certain statements in this news release constitute \"forward-looking information\" within the meaning of applicable Canadian securities legislation. Forward-looking information contained in forward-looking statements can be identified by the use of words such as \"are expected\", \"is forecast\", \"is targeted\", \"approximately\", \"plans\", \"anticipates\", \"projects\", \"continue\", \"estimate\", \"believe\" or variations of such words and phrases or statements that certain actions, events or results \"may\", \"could\", \"would\", \"might\" or \"will\" be taken, occur or be achieved. Forward-looking information involves a number of known and unknown risks and uncertainties, which, if incorrect, may cause actual results to differ materially from those anticipated by the Company. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, and that information obtained from third party sources is reliable, the Company can give no assurance that those expectations will prove to have...