MONTREAL, QUEBEC, April 2, 2014 – Dundee Sustainable Technologies Inc. (formerly Nichromet Extraction Inc., \u201cDSTI\u201d) and Creso Exploration Inc. (\u00ab\u00a0Amalco\u00a0\u00bb) (CSE: CXT) jointly announced today that DSTI has successfully completed the three cornered amalgamation (the \u201cAmalgamation\u201d) between DSTI, 8704996 Canada Inc. (\u201cSubco\u201d), a wholly-owned subsidiary of DSTI, and Creso Exploration Inc. (\u201cOld Creso\u201d), whereby Old Creso and Subco amalgamated. Pursuant to the Amalgamation, the shareholders of Old Creso received one subordinate voting share of DSTI in exchange for every two common shares of Old Creso and DSTI received shares of Amalco. Holders of options and warrants of Old Creso received options and warrants, as applicable, of DSTI based upon the same exchange ratio. To receive the consideration for the shares, options or warrants of Old Creso, holders of such securities must follow the instructions detailed in Creso’s Notice of Special Meeting of Shareholders and Information Circular dated January 31, 2014, a copy of which is available at www.sedar.com under Creso’s profile.<\/p>\n
The common shares of Old Creso have ceased to be listed on the Canadian Securities Exchange (\u201cCSE\u201d) and the subordinated voting shares of DSTI will commence trading on the CSE under the symbol \u201cDST\u201d on Tuesday, April 8, 2014. Amalco will apply to cease to be a reporting issuer under applicable Canadian securities laws as soon as practicable.<\/p>\n","protected":false},"featured_media":0,"menu_order":653700,"template":"","class_list":["post-39499","news","type-news","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/dundeetechnologies.com\/fr\/wp-json\/wp\/v2\/news\/39499","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dundeetechnologies.com\/fr\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/dundeetechnologies.com\/fr\/wp-json\/wp\/v2\/types\/news"}],"wp:attachment":[{"href":"https:\/\/dundeetechnologies.com\/fr\/wp-json\/wp\/v2\/media?parent=39499"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}