Golden Share Announces Approval of Reverse-Takeover Transaction and Voluntary Delisting From the TSX Venture Exchange

by ahnationtalk on January 14, 202567 Views

TORONTO, ONTARIO (January 14, 2025) – Golden Share Resources Corporation (“Golden Share” or the “Company”) (TSXV: GSH) announces that the common shares of the Company are expected to be voluntarily delisted from the TSX Venture Exchange (the “TSXV”) after markets close on January 23, 2025 (the “Delisting”). The Delisting was approved by the TSXV and by a majority of the minority shareholders of the Company (the “Shareholders”). The Company is also pleased to announce that Shareholders have approved the previously announced arm’s length reverse takeover transaction (the “Transaction”) with Lipari Diamond Mines Ltd. (“Lipari”), a British Columbia based company with interests in diamond properties in Brazil and Angola.

For further information about the Transaction, please refer to the press releases of the Company dated February 15, 2024, and March 20, 2023. The Delisting is being conducted in connection with the Transaction. Golden Share and Lipari have received conditional approval from the CBOE Canada Inc. (“CBOE”) to list the common shares of the issuer which will be formed upon completion of the Transaction, to be named “Lipari Diamond Mines Ltd.” (the “Resulting Issuer”). Listing of the Resulting Issuer’s shares is subject to completion of the Transaction and the satisfaction of all conditions of the CBOE, including completion of outstanding CBOE application documentation and payment of fees pursuant to the CBOE’s policies.

Additional Information

Further updates in respect of the Transaction will be provided in subsequent news releases.  Also, additional information concerning the Transaction, Golden Share, Lipari and the Resulting Issuer will be provided in a filing statement to be filed by the Company in connection with the Transaction, which will be available in due course under Golden Share’s SEDAR+ profile at www.sedarplus.ca.

This news release does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction. The securities of the Company have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as defined in the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws unless pursuant to an exemption from such registration.

NT4

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