TMAC announces extension notice for national security review of transaction with Shandong Gold Mining Co., Ltd.

27 November 2020

TMAC Resources Inc. announces that the national security review under the Investment Canada Act (Canada) of the plan of arrangement with Shandong Gold Mining Co., Ltd. and its affiliate has been extended for a further period of up to 45 days. The Transaction was agreed and announced on May 8, 2020 and, as previously disclosed, the Transaction provides for the acquisition by the Purchaser of all of the issued and outstanding common shares of TMAC not already owned by Shandong or an affiliate, by way of a statutory plan of arrangement under the Business Corporations Act (Ontario).