RUGBY RESOURCES SHAREHOLDERS APPROVE ARRANGEMENT WITH PAMPA METALS

Core Points - Rugby Resources Ltd. and Pampa Metals Corp. announced the voting results from the special meeting of Rugby shareholders held on July 16, 2025, in Vancouver, British Columbia [1][2] - The shareholders approved a statutory plan of arrangement with Pampa and Aegis Resources Ltd., along with a stock option plan for SpinCo [2][3] - A total of 55.39% of Rugby's outstanding common shares were represented at the meeting, with 99.97% voting in favor of the resolutions [3] Arrangement Details - The completion of the arrangement is subject to court approval and customary closing conditions, with a hearing scheduled for July 22, 2025 [4] - If conditions are met, the arrangement is expected to close around July 24, 2025 [4] Company Profiles - Rugby Resources is focused on exploration in Colombia, Argentina, and Chile, particularly the Cobrasco Project, which targets copper, gold, and silver [6] - Pampa Metals is a copper-gold exploration company that recently entered into an agreement to acquire 100% of Rugby Resources, which will give it an 80% interest in the Cobrasco Project [7]