Amarillo to be Acquired by Hochschild

Investor webinar replay

Meeting Overview The meeting focused on the announcement of Amarillo Gold Corporation's acquisition by Hochschild Mining. Key speakers discussed the benefits of the acquisition for shareholders, the formation of a new exploration company, Labris Gold Corp, and the details of the transaction. Key Discussion Points - Overview of the acquisition by Hochschild Mining and its implications for Amarillo Gold shareholders. - Formation of Labris Gold Corp, which will focus on the Labras do Sur Gold project in Brazil. - Financial details of the acquisition, including share price premiums and cash considerations. - Support for the transaction from major shareholders and the board of directors. - Overview of Hochschild Mining's operations and commitment to ESG values. - Future plans for exploration and development of the Labras do Sur project. Decisions Made - The board of directors unanimously intends to recommend that shareholders vote for the transaction. - Major shareholders have entered in...

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[Speaker identities could not be resolved; generic labels used] [00:08] Speaker 1: Good morning. [00:10] Speaker 1: My name is Anne-Marie Brissenden and I'm the head of investor relations for Amarillo Gold Corporation. [00:17] Speaker 1: This morning's webcast [00:18] Speaker 1: will focus on our acquisition by Hothchild Mining, which we announced last night. Our speakers today are Mike Muechler, President and CEO, [00:27] Speaker 1: and Hemdet Saw, CFO. [00:33] Speaker 1: Please note that we will make forward-looking statements during this webcast. [00:36] Speaker 1: For full details, including disclaimers in cautionary language, [00:41] Speaker 1: please refer to our news release on the acquisition, which is available on our website, [00:46] Speaker 1: www.amaryllagold.com [00:49] Speaker 1: and under our profile on CDER. [00:52] Speaker 1: We are also recording this webcast and the recording will be posted to our website. [00:57] Speaker 1: You will be able to ask questions following our short presentation. [01:01] Speaker 1: If you would like to ask a question, please use the Q&A tab found on the right hand of your screen and we will answer them in the order that they are received. [01:09] Speaker 1: I'd now like to turn it over to Mike. [01:14] Speaker 2: Thanks, Anne-Marie. [01:15] Speaker 2: This acquisition is a culmination of our exploration and development success in Brazil. [01:21] Speaker 2: It delivers an immediate and compelling opportunity for our shareholders to monetize their investment [01:27] Speaker 2: in Amarillo at an attractive valuation and a significant premium [01:30] Speaker 2: to the current and historical trading [01:33] Speaker 2: price of our shares. [01:35] Speaker 2: At the same time, shareholders will continue to participate directly...