Vancouver, British Columbia--(Newsfile Corp. - September 27, 2024) - Carlyle Commodities Corp. (CSE: CCC) (FSE: BJ4) (OTC Pink: CCCFF) ("Carlyle") and Miramis Mining Corp. ("Miramis") are pleased to announce that they have entered into an amalgamation agreement dated September 27, 2024 (the "Amalgamation Agreement") pursuant to which a wholly-owned subsidiary of Carlyle will amalgamate with Miramis and all of the issued and outstanding common shares of Miramis ("Miramis Shares") following the amalgamation will be immediately exchanged for common shares of Carlyle ("Carlyle Shares") on a one-to-one basis (the "Transaction").
Upon completion of the Transaction, the Board of Directors and management of Carlyle will remain the same and it is expected that shareholders of Miramis will hold approximately 28.8% of the issued and outstanding Carlyle Shares.
Morgan Good, Chief Executive Officer of Carlyle and Miramis commented: "The Company is pleased to enter into these various agreements which diversify the current project portfolio by way of the Miramis Amalgamation, and acquisition of rights and title to both the Nicola East Project, as well as the Quesnel Gold Project via the Option Agreement. see & read more on
https://www.newsfilecorp.com/release/224949/ |