RE:RE:RE:RE:RE:RE:RE:RE:RE:100s of millions tokens soldHere it is straight from the management circular....
Principal Steps of the Arrangement
The following description of the Plan of Arrangement is qualified in its entirety by reference to the full text of the
Plan of Arrangement, which is attached as Appendix “C” to this Information Circular and which has been filed by
American Creek (as Schedule “A” to the Arrangement Agreement) under its profile on SEDAR+ at www.sedarplus.ca.
If the Arrangement Resolution is approved at the Meeting, the Final Order approving the Arrangement is issued by
the Court and the applicable conditions to completion of the Arrangement are satisfied or waived, the Arrangement
will take effect commencing and effective as at the Effective Time (which will be at 12:01 a.m. (Vancouver time)) on
the Effective Date, which is currently anticipated to occur in mid-December, 2024.
Depositary Agreement
Prior to the Effective Date, American Creek, the Purchaser and the Depositary will enter into a depositary agreement.
Pursuant to the Plan of Arrangement, following receipt of the Final Order and prior to the Effective Time, the
Purchaser is required to, in accordance with the Arrangement Agreement, deposit, or arrange to be deposited, for the
benefit of the Shareholders, cash with the Depositary in an amount equal to the aggregate Consideration payable in
respect of the Shares under the Plan of Arrangement (other than in respect of any Shares held by a Dissenting
Shareholder).