NEX COMPANY
BULLETIN V2026-1716
MONGOLIA GROWTH GROUP LTD. ("YAK.H")
BULLETIN TYPE: Plan of Arrangement-, Substitutional Listing, Delist
BULLETIN DATE: May 19, 2026
NEX Company
Plan of Arrangement:
TSX Venture Exchange has accepted for filing the documentation in connection with the arrangement agreement dated May 20, 2026, a plan of arrangement under the provisions of the Business Corporations Act (Alberta) (the "Plan of Arrangement").
Under the Plan of Arrangement, holders of common shares of the Company (the "Shareholders") have the right to receive (among other things) cash in the amount of $1.28 per common share (each, a "Existing Common Share"). The Plan of Arrangement was approved at a special meeting of the Company's Shareholders on May 14, 2026. Following the Meeting, the Court of King's Bench of Alberta granted the Final Order in respect of the Plan of Arrangement on May 15, 2026.
Pursuant to the terms of the Plan of Arrangement, each issued and outstanding Existing Common Share as at the close of business on the effective date of the Plan of Arrangement, being May 20, 2026, was exchanged for: (i) one (1) new common share in the capital of the Company (each, a "New Common Share"); and (ii) one (1) redeemable preferred share in the capital of the Company (each, a "Redeemable Preferred Share"), which Redeemable Preferred Shares were immediately redeemed by the Company for cash, in accordance with the terms of the Plan of Arrangement, for $1.28 per Redeemable Preferred Share. As a result of the completion of the Plan of Arrangement, the Shareholders are entitled to receive, for each Existing Common Share held, one (1) New Common Share and $1.28 in cash. The New Common Shares issued pursuant to the Plan of Arrangement are substantially similar to the previously outstanding Existing Common Shares, provided that each New Common Share entitles the holder thereof to two (2) votes per New Common Share.
The full particulars of the Plan of Arrangement are set forth in Mongolia Growth Group Ltd.'s Management Information Circular, dated as of March 27, 2026, which is available under the Mongolia Growth Group Ltd.'s profile on SEDAR and the Company's news releases dated February 26, 2026 and May 20, 2026.
Substitutional Listing
In connection with the Plan of Arrangement, the Shareholders who previously held Existing Common Shares exchanged their Common Shares for New Common Shares on a one for one basis. Accordingly, the New Common Shares will be listed on the Exchange at the market opening on Thursday, May 21, 2026,
Capitalization: Unlimited shares with no par value of which
25,458,699 shares are issued and outstanding
Escrowed: Nil shares are subject to escrow
Transfer Agent: Computershare Trust Company of Canada
Trading Symbol: YAK.H (UNCHANGED)
CUSIP Number: 60936L 20 5 (NEW)
Delist
As a result of the closing of the Plan of Arrangement, the Existing Common Shares of Mongolia Growth Group Ltd. will be delisted from the Exchange. Accordingly, effective at the close of business, Wednesday, May 20, 2026 the Existing Common Shares of Mongolia Growth Group Ltd. will be delisted.
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