THEMAC Receives Final Court Approval and Provides Update on Going Private Transaction
MacerichMacerich(US:MAC) Newsfile·2025-10-10 00:52

Core Viewpoint - THEMAC Resources Group Limited has received final court approval for its arrangement with Tulla Resources Group Pty Ltd, allowing the latter to acquire all outstanding common shares of THEMAC at a price of CAD $0.08 per share [1][2]. Group 1 - The Yukon Supreme Court has issued a Final Order approving the plan of arrangement between THEMAC and Tulla Resources Group [1]. - Shareholders of THEMAC will receive CAD $0.08 for each common share they hold as part of the arrangement [1]. - The completion of the arrangement is expected later this month, pending the satisfaction of customary closing conditions [2]. Group 2 - Following the completion of the arrangement, THEMAC will become a wholly-owned subsidiary of Tulla Resources Group [2]. - The common shares of THEMAC are anticipated to be delisted from the TSX Venture Exchange after the arrangement is finalized [2].