Orecap Announces Arrangement Agreement and Interim Order

Core Viewpoint - Orecap Invest Corp. has entered into an arrangement agreement to spin out three wholly-owned subsidiaries, allowing for independent exploration and property acquisition opportunities for the company and its subsidiaries [1][3]. Group 1: Arrangement Details - The arrangement agreement was effective on July 28, 2025, and involves the spinout of subsidiaries 1540529 B.C. Ltd., 1540538 B.C. Ltd., and 1540542 B.C. Ltd. to existing shareholders [1]. - Each Orecap shareholder will retain their common shares and receive a pro rata number of common shares in each of the new subsidiaries, subject to the specified exchange ratio [2]. - The arrangement is expected to close in September 2025, pending approval from at least two-thirds of Orecap shareholders and the Supreme Court of British Columbia [4]. Group 2: Meeting and Approvals - A meeting for Orecap shareholders is scheduled for September 17, 2025, to approve the arrangement and other annual general meeting matters [5]. - The board of directors has unanimously approved the arrangement, deeming it in the best interests of the company and its shareholders [6]. Group 3: Company Overview - Orecap Invest Corp. focuses on special situation investments in the natural resource sector, providing exposure to high-return opportunities in precious and critical metals [7]. - The company holds significant equity positions in various companies, including Mistango River Resources, XXIX Metal Corp., American Eagle Gold, and Awalé Resources [7][8].