TSX VENTURE COMPANIES
BULLETIN V2024-0284
ADVENTUS MINING CORPORATION ("ADZN")
LUMINEX RESOURCES CORP. ("LR")
BULLETIN TYPE: Plan of Arrangement-, Delist
BULLETIN DATE: January 26, 2024
TSX Venture Tier 2 Companies
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing documentation in connection with an arrangement agreement between Adventus Mining Corporation ("Adventus") and Luminex Resources Corp. ("Luminex") dated November 21, 2023 (the "Agreement"). Pursuant to the Agreement, Adventus has agreed to acquire all of the issued and outstanding common shares of Luminex by way of a plan of arrangement under the provisions of the Business Corporations Act (British Columbia) (the "Transaction"). Under the Agreement, each Luminex shareholder will be entitled to receive 0.67 common shares of Adventus for each common share of Luminex held.
The Exchange has been advised that approval of the Transaction by the Luminex shareholders was received at a special meeting of shareholders held on January 19, 2024 and that approval of the Transaction was received from the British Columbia Supreme Court on January 23, 2024. The Transaction completed on January 25, 2024. The full particulars of the Transaction are set forth in the Management Information Circular of Luminex, dated as of December 15, 2023, which is available under the Luminex profile on SEDAR+.
Delisting:
In conjunction with the closing of the Transaction, Luminex has requested that its common shares be delisted. Accordingly, effective at the close of business, Monday, January 29, 2024, the common shares of Luminex will be delisted from the Exchange.
Insider / Pro Group Participation: None. Prior to the closing of the Transaction Adventus and Luminex were at arm's length.
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