The TSX Venture Exchange has accepted for filing documentation in connection with a plan of arrangement pursuant to an arrangement agreement dated Oct. 11, 2024, between ALX Resources Corp. and Greenridge Exploration Inc. Pursuant to the terms of the arrangement agreement, Greenridge acquired all of the issued and outstanding shares of ALX for consideration payable in shares of Greenridge. Each ALX shareholder received 0.045 common share of Greenridge for each ALX common share held.

The exchange has been advised that approval of the arrangement by shareholders of ALX was received at a meeting of the shareholders held on Dec. 2, 2024, and that approval of the arrangement was received from the Supreme Court of British Columbia on Dec. 4, 2024. The full particulars of the arrangement are set forth in the management information circular of ALX dated May 15, 2023, which is available under ALX's profile on SEDAR+.

ALX and Greenridge closed the arrangement on Dec. 30, 2024.

Delisting

In conjunction with the closing of the arrangement, ALX has requested that its common shares be delisted. Accordingly, effective at the close of business, Tuesday, Dec. 31, 2024, the common shares of ALX will be delisted from the exchange.