Business
Meed Growth Corp. Enters into Letter of Intent for Qualifying Transaction with Athos Metals Corp
Vancouver, British Columbia--(Newsfile Corp. - April 29, 2026) - Meed Growth Corp. (TSXV: MEED....
About this update from Meed Growth Corp.
[{"type":"text","content":"Meed Growth Corp. Enters into Letter of Intent for Qualifying Transaction with Athos Metals CorpVancouver, British Columbia--(Newsfile Corp. - April 29, 2026) - Meed Growth Corp. (TSXV: MEED.P) (\"Meed\"), a \"capital pool company\" listed on the TSX Venture Exchange (the \"TSXV\"), is pleased to announce that it has entered into a non-binding letter of intent (the \"LOI\") dated April 29, 2026 with Athos Metals Corp. (\"Athos\"), which outlines the general terms and conditions of a proposed business combination that is intended to constitute Meed's \"Qualifying Transaction\" (the \"Transaction\") under Policy 2.4 – Capital Pool Companies (the \"CPC Policy\") of the TSXV.About AthosAthos Metals Corp. is a Canadian mineral exploration company identifying and advancing critical minerals prospects in Canada. Athos' initial focus is the 15,150-hectare Empire District Project, a district-scale Cu-Ni-PGE-Au exploration opportunity in northwestern Ontario with demonstrated mineralization and significant discovery potential.For more information please visit: Website: www.athosmetals.com, X: https://x.com/athosmetals, LinkedIn: https://www.linkedin.com/company/athos-metals-corp.About Meed Meed is a \"capital pool company\" that completed its initial public offering in July 2021. The common shares of Meed (\"Meed Shares\") are listed for trading on the TSXV under the stock symbol MEED.P. Meed has not commenced commercial operations and has no assets other than cash and cash equivalents. It is intended that the Transaction, when completed, will constitute the \"Qualifying Transaction\" of Meed pursuant to the CPC Policy.Transaction OverviewThe Transaction is expected to be structured as a share exchange, merger, amalgamation, arrangement, takeover bid, or other similar form of transaction resulting in Athos becoming a wholly-owned subsidiary of Meed or otherwise combining its corporate existence with that of Meed (the \"Resulting Issuer\"). Upon completion of the Transaction, the Resulting Issuer will carry on the business of Athos and is expected to be listed on the TSXV.Pursuant to the terms and conditions of the LOI, Meed and Athos will negotiate and enter into a definitive agreement (the \"Definitive Agreement\") incorporating the principal terms of the Transaction as described in the LOI and this press release. There ...