Eros Resources Corp. (TSXV: ERC) (OTCQB: EROSF) (“Eros”), MAS Gold Corp. (TSXV: MAS) (OTCQB: MSGCF) (Frankfurt: 63G) (“MAS Gold”) and Rockridge Resources Ltd. (TSXV: ROCK) (“Rockridge”) are pleased to announce that MAS Gold and Rockridge have obtained final orders of the Supreme Court of British Columbia approving the previously announced proposed statutory plans of arrangement under section 288 of the Business Corporations Act (British Columbia) pursuant to which Eros will acquire all of the issued and outstanding common shares of MAS Gold and Rockridge that it does not already own in exchange for common shares of Eros, as more particularly described in the Joint Management Information Circular of Eros, MAS Gold, and Rockridge dated November 26, 2024, and in accordance with the terms of the business combination agreement between Eros, MAS Gold, and Rockridge dated September 30, 2024 (the “Business Combination Agreement”), all pursuant to the previously announced three-way merger transaction (the “Transaction”).
It is currently anticipated that the Transaction will be completed mid-January 2025, subject to the satisfaction or waiver of customary closing conditions. It is anticipated that the common shares of MAS Gold and Rockridge will be delisted from the TSX Venture Exchange following completion of the Transaction
