Core Viewpoint - Matachewan Consolidated Mines, Limited has decided to distribute cash and assets to shareholders and seek strategic alternatives to maximize shareholder value [1] Group 1: Financial Position - The company has liquidated most of its assets, holding approximately $12,300,000 in cash and certain shares in other public companies [2] - Estimated outstanding liabilities and expenses related to the distributions are approximately $700,000 [2] Group 2: Distribution Plan - The company plans to distribute up to $2,800,000 through a reduction in stated capital, with an expected return of C$0.22498 per Common Share for shareholders [4] - A special meeting of shareholders is scheduled for October 1, 2025, to vote on the distribution resolution [4][5] Group 3: Approval and Conditions - The distribution is subject to approval by the TSX Venture Exchange and requires at least two-thirds of votes cast at the special meeting [5] - The Board retains discretion not to proceed with the distribution if it is deemed not in the best interests of the company and its shareholders [6]