The TSX Venture Exchange has accepted for filing documentation in connection with an arrangement agreement between Adventus Mining Corp. and Luminex Resources Corp. dated Nov. 21, 2023. Pursuant to the agreement, Adventus has agreed to acquire all of the issued and outstanding common shares of Luminex by way of a plan of arrangement under the provisions of the Business Corporations Act (British Columbia). Under the agreement, each Luminex shareholder will be entitled to receive 0.67 common share of Adventus for each common share of Luminex held.

The exchange has been advised that approval of the transaction by the Luminex shareholders was received at a special meeting of shareholders held on Jan. 19, 2024, and that approval of the transaction was received from the British Columbia Supreme Court on Jan. 23, 2024. The transaction completed on Jan. 25, 2024. The full particulars of the transaction are set forth in the management information circular of Luminex, dated as of Dec. 15, 2023, which is available under the Luminex profile on SEDAR+.

In conjunction with the closing of the transaction, Luminex has requested that its common shares be delisted. Accordingly, effective at the close of business, Monday, Jan. 29, 2024, the common shares of Luminex will be delisted from the exchange.

Insider/pro group participation:  none

Prior to the closing of the transaction, Adventus and Luminex were at arm's length.