BULLETIN V2025-4158
NORTHERN SUPERIOR RESOURCES INC. ("SUP")
BULLETIN TYPE: Plan of Arrangement-, Delist
BULLETIN DATE: December 19, 2025
TSX Venture Tier 1 Company
Plan of Arrangement
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing documentation in connection with an arrangement agreement between Northern Superior Resources Inc. ("SUP") and IAMGOLD Corporation ("IMG") dated October 19, 2025 (the "Agreement"). Pursuant to the Agreement, IMG has agreed to acquire all of the issued and outstanding common shares of SUP by way of a plan of arrangement under the provisions of the Business Corporations Act (British Columbia) (the "Transaction"). Under the Agreement, each SUP share will be exchanged for 0.0991 of an IMG common share and CAD $0.19 cash. IMG will issue an aggregate of 18,105,391 common shares and pay $34,545,503.68 in cash to SUP securityholders.
The Exchange has been advised that approval of the Transaction by the SUP shareholders was received at a special meeting of shareholders held on December 10, 2025 and that approval of the Transaction was received from the British Columbia Supreme Court on December 15, 2025. The Transaction completed on December 19, 2025. The full particulars of the Transaction are set forth in the Management Information Circular of SUP, dated as of November 10, 2025 and the closing news release dated December 19, 2025, which are available on SEDAR+.
Delisting
Pursuant to a director's resolution dated October 19, 2025 and in conjunction with the closing of the Transaction, SUP has requested that its common shares be delisted. Accordingly, effective at the close of business, December 22, 2025, the common shares of SUP will be delisted from the Exchange.
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