Business
Thesis Gold Receives over 99% Securityholder Approval for Arrangement with Benchmark Metals
Vancouver, British Columbia--(Newsfile Corp. - August 10, 2023) - Thesis Gold Inc. (TSXV: TAU) (WKN: A2QQ0Y) (OTCQX: THSGF) ("Thesis" or the "Company") is pleas
About this update from Thesis Gold & Silver Inc.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - August 10, 2023) - Thesis Gold Inc. (TSXV: TAU) (WKN: A2QQ0Y) (OTCQX: THSGF) (\"Thesis\" or the \"Company\") is pleased to announce that securityholders of the Company have overwhelmingly approved the previously announced plan of arrangement (\"Arrangement\") with Benchmark Metals Inc. (\"Benchmark\"). The Arrangement received greater than 99% approval at a meeting of the Company's securityholders held yesterday, as further described in the Company's management information circular dated July 6, 2023, and in the joint news release of the Company and Benchmark dated June 5, 2023. Assuming all other remaining conditions to the Arrangement are either satisfied or waived, the Company expects that the closing date of the Arrangement (the \"Effective Date\") will occur on or about Wednesday, August 23, 2023. Under the terms of the Arrangement, on the Effective Date, Thesis shareholders will receive 2.5584 Benchmark common shares for every Thesis share held, and Thesis will become a wholly owned subsidiary of Benchmark. Benchmark will then consolidate its shares on a 2.6:1 basis and change its name to \"Thesis Gold Inc.\" For complete details of the Plan of Arrangement, interested persons are directed to Thesis' Information Circular filed on SEDAR+ (www.sedarplus.ca) on July 13, 2023 by Thesis under its company profile. About the Company Thesis is a Vancouver-based mineral exploration company focused on proving and developing the resource potential of the 180km2 Ranch Gold Project located in the prolific Toodoggone Mining Camp of northern British Columbia, approximately 300 km north of Smithers, British Columbia. Further details are available on Thesis' website at: https://www.thesisgold.com/. For further information or investor relations inquiries, please contact: Dave BurwellVice President Corporate DevelopmentEmail: [email protected] Telephone: 403-410-7907Toll Free: 1-888-221-0915 Nick StajduharDirectorEmail: [email protected]: 780-701-3216 Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release. No securities regulatory authority has either approved or disapproved of the contents of this news release. None of the securities to be issued pursuant ...