07:15:36 EDT Tue 09 Jun 2026
Enter Symbol
or Name
USA
CA



Urastar Gold Corp
Symbol URS
Shares Issued 38,840,000
Close 2013-05-15 C$ 0.245
Market Cap C$ 9,515,800
Recent Sedar+ Documents

Agnico-Eagle completes Urastar acquisition

2013-05-16 17:14 ET - News Release

See News Release (C-AEM) Agnico Eagle Mines Ltd

An anonymous director of Agnico Eagle reports

AGNICO EAGLE COMPLETES ACQUISITION OF URASTAR

Agnico Eagle Mines Ltd. and Urastar Gold Corp. have completed the acquisition of Urastar by Agnico Eagle. Agnico Eagle acquired all of the issued and outstanding common shares of Urastar pursuant to a court-approved plan of arrangement under the Business Corporations Act (British Columbia) involving Urastar, Agnico Eagle, holders of common shares of Urastar, holders of common share purchase warrants of Urastar and holders of options of Urastar. Urastar is now a wholly owned subsidiary of Agnico Eagle.

The arrangement was approved at a special meeting held on May 14, 2013, by 99.76 per cent of the securityholders, voting together as a single class, and by 99.64 per cent of the shareholders after excluding votes required to be excluded in accordance with Multilateral Instrument 61-101 -- Protection of Minority Security Holders in Special Transactions. Final approval for the arrangement was obtained from the Supreme Court of British Columbia on May 15, 2013.

Under the terms of the arrangement, each shareholder will receive in exchange for each common share held, 25 cents in cash. Holders of in-the-money warrants that have not otherwise exercised their in-the-money-warrants will receive 15 cents in cash for each in-the-money-warrant held. Out-of-the-money warrants and options will be cancelled as part of the arrangement. Registered shareholders and in-the-money warrantholders should follow the instructions contained in Urastar's management information circular dated April 8, 2013, in order to receive the consideration to which they are entitled pursuant to the arrangement.

Agnico Eagle intends to cause Urastar to take the necessary steps to delist the common shares from the TSX Venture Exchange and to cause Urastar to apply to the relevant securities commissions for Urastar to cease to be a reporting issuer under Canadian securities laws.

We seek Safe Harbor.

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