Corporation“), a capital pool company listed on the TSX Venture Exchange (“
TSXV“), announces the termination of its proposed arm’s length qualifying transaction with Alliant Gold Corp. (formerly 1252201 B.C. Ltd.), previously announced on September 11, 2020, which was intended to constitute the Corporation’s “Qualifying Transaction” as such term is defined in TSXV Policy 2.4. The Corporation will continue to pursue and evaluate other businesses and assets with a view to completing a Qualifying Transaction and will make further announcements with respect to these efforts as soon as practically possible and, in the interim, will apply to the TSXV to reinstate trading of the Corporation’s common shares.
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Winston Capital Group Inc. Enters into Definitive Agreement for Qualifying Transaction
Corporation ), a capital pool company as defined under Policy 2.4 - Capital Pool Companies (
CPC ) of the TSX Venture Exchange (the
Exchange ), is pleased to announce that it has entered into a definitive agreement dated December 9, 2020 (the
Business Combination Agreement ) with Merida Minerals Inc. (
Merida ), as previously announced on May 11, 2020. Pursuant to the Business Combination Agreement, Winston s wholly owned subsidiary, 2797200 Ontario Inc. (
Subco ), will amalgamate with Merida (the
Amalgamation ) to complete the qualifying transaction (the
Transaction ) in accordance with the policies of the Exchange. Upon completion of the Amalgamation, the resulting issuer will be known as Merida Minerals Inc. (the