Pacific Booker Minerals Inc. Announces Engagement of INFOR Financial to Provide Independent Fairness Opinion to the Special Committee
Pacific Booker Minerals Inc. Announces
Engagement of INFOR Financial to Provide
Independent Fairness Opinion to the Special
Committee
Vancouver, British Columbia--(Newsfile Corp. - May 8, 2026) - Pacific Booker Minerals Inc. (TSXV:
BKM) (OTC Pink: PBMLF) ("
Pacific
Booker
" or the "
Company
") today announced that INFOR
Financial Inc. ("
INFOR Financial
") has been engaged to provide an Independent Fairness Opinion to
the special committee (the "
Special Committee
") of the board of directors (the "
Board
") of Pacific
Booker in connection with the unsolicited all-share takeover bid (the "
Hostile Bid
") by American Eagle
Gold Corp. ("
American Eagle
").
As previously announced, on April 14, 2026, American Eagle commenced the Hostile Bid, pursuant to
which American Eagle is offering to acquire all of the issued and outstanding common shares
("
Common Shares
") of Pacific Booker.
On April 27, 2026, the Board established the Special
Committee, comprised of independent directors Jonathan McCullough and Gregory Anderson, to,
among other things, review and consider the Hostile Bid.
On April 29, 2026, following careful
consideration and receipt of the unanimous recommendation of the Special Committee, and after
consultation with its financial and legal advisors, the Company filed a directors' circular in which the
Board recommended that shareholders of Pacific Booker (the "
Shareholders
") do not tender their
Common Shares to the Hostile Bid.
INFOR Financial is a Toronto-based independent advisory investment bank which has been retained to
deliver an Independent Fairness Opinion to the Special Committee regarding the adequacy of the
consideration offered to the Shareholders under the Hostile Bid.
INFOR Financial's compensation will be
a fixed fee that is not contingent on the conclusions reached in its opinion or on the outcome of the
Hostile Bid or any alternative transaction.
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.
We can be contacted by phone at 604 681-8556.
On Behalf of the Board of Directors
"John Plourde"
John Plourde, Director
Contact Information
John Plourde, CEO, President and Director
(604) 681-8556.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
This news release contains "forward-looking information" within the meaning of the applicable
Canadian securities legislation that is based on expectations, estimates, projections and
interpretations as at the date of this news release. Any statement that involves discussions with
respect to predictions, expectations, interpretations, beliefs, plans, projections, objectives,
assumptions, future events or performance (often but not always using phrases such as "expects", or
"does not expect", "is expected", "interpreted", "management's view", "anticipates" or "does not
anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or
variations of such words and phrases or stating that certain actions, events or results "may" or "could",
"would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and
may be forward-looking information and are intended to identify forward-looking information. Forward-
looking information in this news release includes, but is not limited to, statements regarding the
delivery of an opinion to the Special Committee. This forward-looking information is based on
reasonable assumptions and estimates of management of the Company at the time such
assumptions and estimates were made, and involves known and unknown risks, uncertainties and
other factors which may cause the actual results, performance or achievements of Pacific Booker to
be materially different from any future results, performance or achievements expressed or implied by
such forward-looking information.
Such factors include, but are not limited to, the risks described in the Company's most recent
management discussion and analysis and those risks set out in the Company's other public
documents filed on SEDAR+ (
www.sedarplus.ca
) under Pacific Booker's issuer profile. Although the
Company believes that the assumptions and factors used in preparing the forward-looking information
in this news release are reasonable, undue reliance should not be placed on such information, which
only applies as of the date of this news release, and no assurance can be given that such events will
occur in the disclosed timeframes or at all. The Company disclaims any intention or obligation to
update or revise any forward-looking information, whether as a result of new information, future events
or otherwise, other than as required by law.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/296764