The TSX Venture Exchange has accepted for filing documentation in connection with an arrangement agreement dated Sept. 21, 2017, entered into between WCB Resources Ltd. and Kingston Resources Ltd., pursuant to which Kingston agreed to acquire all of the issued and outstanding shares of WCB by way of a statutory plan of arrangement. Under the arrangement, WCB shareholders received 4.5 shares in Kingston for each WCB share held.

The exchange has been advised that approval of the arrangement by securityholders of WCB was received at an annual and special meeting of the securityholders held on Nov. 7, 2017, and that approval of the arrangement was received from the Supreme Court of British Columbia on Nov. 9, 2017. The full particulars of the arrangement are set forth in WCB's information circular dated Oct. 3, 2017, which is available under WCB's profile on SEDAR. WCB securityholders should refer to the circular as well as the Nov. 17, 2017, news release for a summary of the procedures regarding the exchange of WCB securities for the consideration to which they are entitled under the arrangement.

In conjunction with the closing of the arrangement, the common shares of WCB will be delisted from the exchange. Accordingly, effective at the close of business, Monday, Nov. 20, 2017, the common shares of WCB will be delisted.