03:33:03 EDT Thu 18 Jul 2024
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Centurion Minerals to resume trading Sept. 23

2022-09-21 16:07 ET - Resume Trading

Effective at the open on Friday, Sept. 23, 2022, trading in the company's shares will resume.

Per the TSX Venture Exchange bulletins dated Feb. 5, 2020, and Feb. 10, 2020, trading in the shares of the company was halted pending receipt and review of acceptable documentation regarding a proposed change of business and/or reverse takeover. The company announced on April 1, 2022, that it would assign all of its interests and obligations in respect of such proposed transaction to a non-arm's-length party (the spinout) and the company would no longer undertake a change of business and/or reverse takeover. Further to the company's news release dated Aug. 23, 2022, and the TSX Venture Exchange bulletin dated Aug. 23, 2022, the company completed the spinout on Aug. 23, 2022. Trading in the shares of the company remained halted following the company's announcement of a reviewable transaction on Aug. 8, 2022.

This resumption of trading does not constitute acceptance of the reviewable transaction, and should not be construed as an assurance of the merits of the transaction or the likelihood of completion. The company is required to submit all of the required initial documentation relating to the transaction. If this documentation is not provided, or is insufficient, a trading halt may be reimposed.

Completion of the transaction is subject to a number of conditions, including but not limited to, exchange acceptance. There is a risk that the transaction will not be accepted or that the terms of the transaction may change substantially prior to acceptance. Should this occur, a trading halt may be reimposed.

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