on Nuvau Minerals Inc. (isin : CA00259B1031)
Nuvau Minerals Inc. Completes Key Transaction on TSX Venture Exchange
Nuvau Minerals Inc., formerly Aardvark 2 Capital Corp., has announced the completion of its qualifying transaction under the TSX Venture Exchange's Policy 2.4. This move allows Nuvau to acquire and consolidate shares, leading to a reverse takeover by Nuvau shareholders. Trading is projected to start on December 17, 2024, under the symbol "NMC", subject to the TSX Venture Exchange's final approval.
The transaction involved a three-cornered amalgamation under Ontario law, wherein Nuvau acquired all securities of Nuvau Minerals Corp. The resulting issuer will continue mineral exploration in the Matagami mining property, located in Québec, Canada. As part of this consolidation, the company changed its name to Nuvau Minerals Inc.
Following the transaction, key leadership roles were filled, while escrow agreements were secured involving shares, options, and warrants. Nuvau finished a private financing round amounting to C$9,186,777.90. Further details are in the company's documentation available on SEDAR+.
R. H.
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