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Rio2 Limited and Atacama Pacific Gold Corporation Announce Receipt of Interim Court Order and Special Meetings of Shareholders
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. TORONTO, June 14, 2018 (GLOBE NEWSWIRE) -- Rio2 Limited (“Rio
About this update from Rio2 Limited
[{"type":"text","content":" NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. TORONTO, June 14, 2018 (GLOBE NEWSWIRE) -- Rio2 Limited (“Rio2”) (TSX-V:RIO) and Atacama Pacific Gold Corporation (“Atacama Pacific”) (TSX-V:ATM) are pleased to announce that an interim order from the Ontario Superior Court of Justice (the \"Interim Order\") has been obtained by Rio2 and Atacama Pacific in connection with the proposed business combination of Rio2 and Atacama Pacific by way of plan of arrangement (the \"Arrangement\") announced on May 14, 2018. The Interim Order, among other things, authorizes Rio2 and Atacama Pacific to call and hold special meetings of their respective shareholders to approve the Arrangement under the Business Corporations Act (Ontario) (the “OBCA”). The special meeting of the holders of common shares of Rio2 will be held on July 16, 2018 at the offices of DLA Piper (Canada) LLP, Suite 6000, 100 King St W, Toronto, Ontario M5X 1E2, at 9:00 a.m. (Toronto time). The special meeting of the holders of common shares of Atacama Pacific will be held on July 16, 2018 at the offices of Stikeman Elliott LLP located at 5300 Commerce Court West, 199 Bay Street, Toronto, Ontario, M5L 1B9 at 10:00 a.m. (Toronto time). In connection with the Arrangement, at the Rio2 special meeting, Rio2 shareholders will also be asked to approve an ordinary resolution approving the adoption of a new stock option plan and a new share incentive plan for the issuer resulting from the Arrangement, to be known as “Rio2 Limited”, with effect from completion of the Arrangement. In addition, at the Atacama Pacific special meeting, Atacama shareholders will also be asked to approve a special resolution authorizing the continuance of Atacama Pacific under the OBCA and an ordinary resolution approving the adoption of a new stock option plan and a new share incentive plan for the issuer resulting from the Arrangement with effect from completion of the Arrangement. The full text of the resolutions and a more detailed description of the Arrangement, the new stock option plan and the new share incentive plan will be included in the Circular. The record date for determining the shareholders of each of Rio2 and Atacama Pacific entitled to receive notice and to vote at the respective special meetings of shareholders has been fixed t...