TSX VENTURE COMPANIES
BULLETIN V2025-0126
BLUESTONE RESOURCES INC. ("BSR")
BULLETIN TYPE: Plan of Arrangement- Delist
BULLETIN DATE: January 13, 2025
TSX Venture Tier 1 Company
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing documentation in connection with a plan of arrangement (the "Arrangement") pursuant to an arrangement agreement dated October 25, 2024, as amended, (the "Arrangement Agreement") between Bluestone Resources Inc. ("Bluestone") and Aura Minerals Inc. ("Aura"). Pursuant to the terms of the Arrangement Agreement, Aura acquired all of the issued and outstanding shares of Bluestone. Each shareholder of Bluestone received, at their election, either (i) $0.2870 in cash or (ii) 0.0183 of an Aura share per Bluestone share held, subject to proration, or a combination of both. Bluestone shareholders also received contingent consideration in the form of contingent value rights providing for further potential consideration equal to $0.2120 per Bluestone common share held.
The Exchange has been advised that approval of the Arrangement by shareholders of Bluestone was received at a special meeting of the shareholders held on December 19, 2024, and that approval of the Arrangement was received from the Supreme Court of British Columbia on January 6, 2025. The full particulars of the Arrangement are set forth in the Management Information Circular of Bluestone dated November 12, 2024, which is available under Bluestone's profile on SEDAR+.
Bluestone and Aura closed the Arrangement on January 13, 2025. For further information, see Bluestone's news release dated January 13, 2025, which is available under Bluestone's profile on SEDAR+.
Delisting:
In conjunction with the closing of the Arrangement, Bluestone has requested that its common shares be delisted. Accordingly, effective at the close of business on Tuesday, January 14, 2025, the common shares of Bluestone will be delisted from the Exchange.
Insider / Pro Group Participation: None
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