ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

DAR Darelle Online Solutions Inc

0.10
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Darelle Online Solutions Inc TSXV:DAR TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.10 0.11 0.15 0 00:00:00

Darwin Shareholders Approve the Arrangement

14/07/2014 1:45pm

Marketwired Canada


NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION,
DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN
OR INTO THE UNITED STATES.


Tinka Resources Limited ("Tinka") (TSX VENTURE:TK) and Darwin Resources Corp.
("Darwin") (TSX VENTURE:DAR)(PINKSHEETS:DARWF)(FRANKFURT:DWU) are pleased to
announce that at Darwin's Special Meeting of Shareholders held on Friday, July
11, 2014, in Vancouver, British Columbia (the "Meeting"), the Darwin
shareholders voted in favour of a special resolution to approve the proposed
plan of arrangement (the "Arrangement") between Darwin, Tinka and the Darwin
shareholders.  


The Arrangement remains subject to certain conditions including final acceptance
from the TSX Venture Exchange and final approval of the Supreme Court of British
Columbia (the "Court"). A final application to approve the Arrangement will be
set down for hearing before the Court in Vancouver on July 17, 2014, or such
other date as the Darwin directors may by resolution decide. 


Provided all conditions to completion of the Arrangement are satisfied or
waived, on the effective date of the Arrangement, each shareholder of Darwin
will receive 0.1818 of a Tinka common share for each share of Darwin held
immediately prior to the effective date of the Arrangement, subject to
adjustments. In order to receive Tinka shares, after completion of the
Arrangement, former Darwin shareholders must surrender the certificates
representing their Darwin shares together with a duly completed and executed
Letter of Transmittal to Computershare Investor Services Inc. The Letter of
Transmittal was mailed to Darwin shareholders with Darwin's management
information circular dated June 8, 2014 and is available on Darwin's website at
http://www.darwinresources.com/s/AGM.asp and under Darwin's profile on SEDAR at
http://www.sedar.com.  


This announcement is for informational purposes only and does not constitute an
offer to purchase, a solicitation of an offer to sell the shares or a
solicitation of a proxy. 


This news release does not constitute an offer to sell or a solicitation of an
offer to buy any of the securities in the United States. The securities have not
been and will not be registered under the United States Securities Act of 1933,
as amended (the "U.S. Securities Act") or any state securities laws and may not
be offered or sold within the United States or to U.S. Persons unless registered
under the U.S. Securities Act and applicable state securities laws or an
exemption from such registration is available.


About Tinka Resources Limited 

Tinka is a junior resource acquisition and exploration company. Tinka's focus is
on its 100% owned Colquipucro and Ayawilca projects located in the highly
mineralized silver-lead-zinc belt of Central Peru. 


About Darwin Resources Corp. 

Darwin is a resource acquisition and development company focussing on Peru.
Darwin has an option to acquire 100% of the Suriloma epithermal gold property in
the Department of La Libertad. 


Forward Looking Statements. Certain information in this news release contains
forward-looking statements and forward-looking information within the meaning of
applicable securities laws (collectively "forward-looking statements"). All
statements, other than statements of historical fact are forward-looking
statements. Forward-looking statements are based on the beliefs and expectations
of each of Darwin and Tinka as well as assumptions made by and information
currently available to each of Darwin's and Tinka's management. Such statements
reflect the current risks, uncertainties and assumptions related to certain
factors including, without limitations, failure to successfully complete the
Arrangement, capital and other costs varying significantly from estimates,
production rates varying from estimates, changes in world metal markets, changes
in equity markets, uncertainties relating to the availability and costs of
financing needed in the future, equipment failure, unexpected geological
conditions, imprecision in resource estimates or metal recoveries, success of
future development initiatives, competition, operating performance,
environmental and safety risks, delays in obtaining or failure to obtain
necessary permits and approvals from local authorities, community relations, and
other development and operating risks. Should any one or more of these risks or
uncertainties materialize, or should any underlying assumptions prove incorrect,
actual results may vary materially from those described herein. Although each of
Darwin and Tinka believe that assumptions inherent in the forward-looking
statements are reasonable, forward-looking statements are not guarantees of
future performance and accordingly undue reliance should not be put on such
statements due to the inherent uncertainty therein. Except as may be required by
applicable securities laws, each of Darwin and Tinka disclaim any intent or
obligation to update any forward-looking statement. 


Neither the TSX Venture Exchange, its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange), nor the Frankfurt Stock
Exchange accepts responsibility for the adequacy or accuracy of this news
release. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Mariana Bermudez
Corporate Secretary
604-685-9316
mbermudez@chasemgt.com

1 Year Darelle Online Solutions Chart

1 Year Darelle Online Solutions Chart

1 Month Darelle Online Solutions Chart

1 Month Darelle Online Solutions Chart

Your Recent History

Delayed Upgrade Clock