Mr. Chase Taylor-Robins reports
GOTHAM RESOURCE CORP. OBTAINS CONDITIONAL APPROVAL FOR
QUALIFYING TRANSACTION AND FILES FILING STATEMENT
The exchange has conditionally
approved the previously announced proposed transaction among Gotham Resource Corp., CopperEx
Resources Corp. and 1442695 B.C.
Ltd. (Newco), a wholly owned subsidiary of Gotham, whereby Gotham will acquire all of the issued and
outstanding common shares of CopperEx in exchange for common shares of Gotham, and CopperEx and
Newco will amalgamate pursuant to the provisions of the Business Corporations Act (British Columbia). In connection with the transaction, the corporation will change its name to
CopperEx Resources Corp. or such other name as agreed to by the corporation and CopperEx and
acceptable to each government authority having jurisdiction. The transaction
remains subject to final approval of the exchange. The transaction will constitute the corporation's
qualifying transaction (as such term is defined in Policy 2.4 (Capital Pool Companies)).
In connection with the transaction, the corporation has filed its filing statement dated Jan. 31,
2024, on the corporation's SEDAR+ profile. Investors are encouraged to review
the filing statement on the corporation's SEDAR+ profile. The filing statement
provides detailed information about, among other things, the transaction, the corporation, CopperEx and
the resulting issuer.
Assuming all conditions are satisfied, the corporation and CopperEx anticipate closing of the transaction
to occur on or around Feb. 8, 2024, and trading of the resulting issuer's common shares will
commence shortly thereafter. The corporation will issue a further press release once the exchange issues
its bulletin announcing its final approval of the transaction and the date that trading of the common shares
of the resulting issuer is expected to commence on the exchange. The resulting issuer's trading symbol
will be CUEX.
About CopperEx Resources Corp.
CopperEx is a British Columbia private company formed in 2021 with the objective of engaging in copper
and gold exploration, primarily in Chile and also in Peru. Through its wholly owned Chilean and Peruvian
subsidiaries, it controls three exploration assets, the Exploradora Norte and Kio Buggy projects in northern
Chile and La Rica property located in south-central Peru. The Chilean projects are considered to be
material. There are no underlying royalties attached to the CopperEx property portfolio.
About Gotham Resource Corp.
Gotham is a capital pool company under TSX Venture Exchange Policy 2.4 (Capital Pool Companies).
Since its incorporation, the principal business of Gotham has been to identify, evaluate and
acquire assets, properties or business which could constitute a qualifying transaction.
We seek Safe Harbor.
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