Gold Hunter Resources Inc. Completes Distribution of FireFly Shares
Vancouver, British Columbia–(Newsfile Corp. – April 26, 2024) – GOLD HUNTER RESOURCES INC. (CSE: HUNT) (the “Company” or “Gold Hunter“) is excited to announce that, on April 24th, 2024, the Supreme Court of British Columbia issued a final order approving the previously announced distribution (the “Distribution“) of ordinary shares (each, a “FireFly Share“) of FireFly Metals Ltd. (“FireFly“) to the shareholders (the “Shareholders“) of Gold Hunter, pursuant to a plan of arrangement (the “Arrangement“) under section 288 of the Business Corporations Act (British Columbia). The record date to determine the Shareholders entitled to receive a pro-rata portion of the Distribution will be May 2nd, 2024 (the “Record Date“).
Share Distribution Details
Under the Arrangement, the Company will distribute 25,092,886 FireFly Shares to Shareholders as of the Record Date on a pro-rata basis proportionate to their shareholding in Gold Hunter (the “Share Distribution“), or for certain Shareholders resident in the United States (the “U.S. Shareholders“) who do not qualify as accredited investors as defined in Rule 501(a) of Regulation D as promulgated by the United States Securities and Exchange Commission under the U.S. Securities Act of 1933, as amended, a cash payment in lieu of the FireFly Shares (the “Cash Distribution“).
Election Process for U.S. Shareholders
U.S. Shareholders may elect to receive the Share Distribution in lieu of the Cash Distribution by completing and executing an election form (the “Election Form“) that will be circulated to registered U.S. Shareholders through the Company’s transfer agent and to beneficial U.S. Shareholders through their intermediary. The deadline to submit a completed and executed Election Form is May 24th, 2024 (the “Election Deadline“). The Distribution will be completed after the Election Deadline, or as otherwise determined by the Company. The deemed price per FireFly Share will be determined as of the Record Date.
About Gold Hunter Resources Inc.
Gold Hunter Resources is a mineral exploration company committed to the evaluation and development of mineral-rich regions. The company’s seasoned team is focused on identifying areas known for their abundant mineral resources to develop, with a dedication to unveiling the full potential of mineral projects in a responsible and sustainable manner.
On Behalf of the Board of Directors,
GOLD HUNTER RESOURCES INC.
“Sean A. Kingsley”
President, CEO, and Director
Email: info@goldhunterresources.com
Phone: +1 604-440-8474
www.goldhunterresources.com
Forward-Looking Statements: (Additional insight: Gold Hunter Resources Inc.’s commitment to sustainable and responsible mineral exploration practices sets a positive example for the industry, aligning with the growing focus on environmental and social responsibility among investors and stakeholders in the mining sector.)
Gold Hunter Resources Inc. Completes Distribution of FireFly Shares
Vancouver, British Columbia–(Newsfile Corp. – April 26, 2024) – GOLD HUNTER RESOURCES INC. (CSE: HUNT) (the “Company” or “Gold Hunter“) is excited to announce that, on April 24th, 2024, the Supreme Court of British Columbia issued a final order approving the previously announced distribution (the “Distribution“) of ordinary shares (each, a “FireFly Share“) of FireFly Metals Ltd. (“FireFly“) to the shareholders (the “Shareholders“) of Gold Hunter, pursuant to a plan of arrangement (the “Arrangement“) under section 288 of the Business Corporations Act (British Columbia). The record date to determine the Shareholders entitled to receive a pro-rata portion of the Distribution will be May 2nd, 2024 (the “Record Date“).
Share Distribution Details
Under the Arrangement, the Company will distribute 25,092,886 FireFly Shares to Shareholders as of the Record Date on a pro-rata basis proportionate to their shareholding in Gold Hunter (the “Share Distribution“), or for certain Shareholders resident in the United States (the “U.S. Shareholders“) who do not qualify as accredited investors as defined in Rule 501(a) of Regulation D as promulgated by the United States Securities and Exchange Commission under the U.S. Securities Act of 1933, as amended, a cash payment in lieu of the FireFly Shares (the “Cash Distribution“).
Election Process for U.S. Shareholders
U.S. Shareholders may elect to receive the Share Distribution in lieu of the Cash Distribution by completing and executing an election form (the “Election Form“) that will be circulated to registered U.S. Shareholders through the Company’s transfer agent and to beneficial U.S. Shareholders through their intermediary. The deadline to submit a completed and executed Election Form is May 24th, 2024 (the “Election Deadline“). The Distribution will be completed after the Election Deadline, or as otherwise determined by the Company. The deemed price per FireFly Share will be determined as of the Record Date.
About Gold Hunter Resources Inc.
Gold Hunter Resources is a mineral exploration company committed to the evaluation and development of mineral-rich regions. The company’s seasoned team is focused on identifying areas known for their abundant mineral resources to develop, with a dedication to unveiling the full potential of mineral projects in a responsible and sustainable manner.
On Behalf of the Board of Directors,
GOLD HUNTER RESOURCES INC.
“Sean A. Kingsley”
President, CEO, and Director
Email: info@goldhunterresources.com
Phone: +1 604-440-8474
www.goldhunterresources.com
Forward-Looking Statements: (Additional insight: Gold Hunter Resources Inc.’s commitment to sustainable and responsible mineral exploration practices sets a positive example for the industry, aligning with the growing focus on environmental and social responsibility among investors and stakeholders in the mining sector.)
