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Press Release


Take-Over Bids and Issuer Bids and National Instrument 62-103 –
The Early Warning System and Related Take-Over Bid and Insider Reporting Issues.
VANCOUVER, British Columbia, June 30, 2021 (GLOBE NEWSWIRE)
Waverley Resources Ltd. (“
Issuer”) by a Plan of Arrangement under the
Ontario Business Corporations Act (the “
Arrangement”) on June 30, 2021 (the “
Effective Date”).
Woodbridge Shares”) it received under the Arrangement to holders (“
Waverley Shareholders”) of common shares of Waverley (“
Waverley Shares”) on a
pro rata basis, such that Waverley Shareholders received 0.1 Woodbridge Share for every 1 Waverley Share held on the Effective Date.
As a result of the Arrangement, Mr. Buchan acquired beneficial ownership of and / or exercise of control or direction over an aggregate 637,900 Woodbridge Shares representing approximately 18.18% of the issued and outstanding Woodbridge Shares. Prior to completion ....

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Waverley Resources Ltd Announces Proposed Plan of Arrangement


Waverley Resources Ltd. (“
Waverley” or the “
Corporation”) is pleased to announce that it is has today entered into an Arrangement Agreement with its wholly-owned subsidiaries, Talmine Resources Ltd. (“
Talmine”) and Woodbridge Resources Ltd. (“
Woodbridge”) to: (i) transfer its ownership and rights in the Tin City Tungsten-Silver-Lead-Zinc property (the “
Tin City Project”) into Talmine, (ii) transfer its ownership and rights in the Lauder Copper-Gold property (the “
Lauder Project”) into Woodbridge, and (iii) spin-out all of the securities of Talmine and Woodbridge to Waverley’s shareholders on a
pro rata basis, all through a Plan of Arrangement under section 182 of the
Business Corporations Act (Ontario) (the “ ....

British Columbia , United Kingdom , A Murray Sinclair , Murray Sinclair , Brian Morales , Richard Graham , Quinn Martin , Sandra Lee , Fraser Buchan , National Instrument , Talmine Resources Ltd , Ontario Superior Court , Woodbridge Resources Ltd , Waverley Resources Ltd , Waverley Resources , Arrangement Agreement , Talmine Resources , Woodbridge Resources , Tin City Tungsten Silver Lead Zinc , Lauder Copper Gold , Business Corporations Act , Tin City Project , Lauder Project , Slocan Mining , Tin City , Waverley Shareholders ,