Pacton Receives Final Order Approving Plan of Arrangement with Trillium Gold Mines Inc.
Pacton Receives Final Order Approving
Plan of Arrangement with Trillium Gold Mines Inc.
Vancouver, British Columbia, June 8, 2023 – Trillium Gold Mines Inc. (TSXV: TGM , FRA:0702) (“Trillium”) and
Pacton Gold Inc. (TSXV: PAC, OTC: PACXF, FSE: 2NKM) (“Pacton” and together with Trillium, the “Parties”). Further
to the news releases dated March 16, 2023 and June 2, 2023, the Parties are pleased to announce the Supreme
Court of British Columbia has issued a final order approving the pre viously announced plan of arrangement (the
“Arrangement”) under section 288 of the Business Corporations Act (British Columbia).
The Parties intend to work expeditiously toward the closing of the Arrangement by mid-June. For a more detailed
description of the Arrangement, please refer to the Pacton's management information circular dated May 2, 2023.
About Pacton Gold Inc.
Pacton Gold is a Canadian exploration company with key strategic partners focused on the exploration and
development of high -grade mineral resource properties in Ontario, Canada. The Company also owns a strategic
portfolio of prospective projects in Western Australia.
Visit Pacton’s website at www.pactongold.com.
About Trillium Gold Mines Inc.
Trillium Gold Mines Inc. is a growth focused company engaged in the business of acquisition, exploration and
development of mineral properties located in the Red Lake Mining District of Northern Ontario. As part of its
regional-scale consolidation strategy, the Company has assembled one of the largest prospective land packages in
and around the Red Lake mining district in proximity to major mines and deposits, as well as along the Confederation
Lake and Birch-Uchi greenstone belts. The Company recently closed acquisitions effectively extending its contiguous
land position over more than 100 km of favourable structures on trend with Kinross Gold’s Great Bear Project and
Evolution Mining’s Red Lake Operation. In addition, the Company has interests in highly prospective properties in
Larder Lake and Shining Tree, Ontario.
Visit Trillium’s website at www.trilliumgold.com.
For further information, please contact
Trillium Gold Inc.
Russell Starr
President, CEO and Director
Donna Yoshimatsu
VP Corporate Development and Investor Relations
Tel: (416) 722-2456
Email: [email protected] or
Website: www.trilliumgold.com
Pacton Gold Inc.
Nav Dhaliwal
President, CEO and Director
Tel: 1-(855)-584-0258
Email: [email protected]
Website: www.pactongold.com
Neither 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.
Forward Looking Statements:
This news release includes certain “forward‐looking information ” and “forward‐looking statements ”
(collectively “forward‐looking statements ”) within the meaning of applicable Canadian securities
legislation, including statements regarding the plans, intentions, beliefs and current expectatio ns of the
Parties. All statements in this news release that address events or developments that the Parties expect to
occur in the future are forward‐looking statements. Forward‐looking statements are statements that are
not historical facts and are often identified by words such as “expect”, “anticipate”, “potential” and similar
expressions or their negative connotations, or that events or conditions “will”, “would”, “may”, “might”,
“can”, “could”, or “should” occur, and include information regarding expectations regarding the
anticipated closing of the Arrangement . Forward‐looking statements necessarily involve assumptions,
risks and uncertainties, certain of which are beyond Parties’ control. These forward‐looking statements
are qualified in their entirety by cautionary statements and risk factor disclosure contained in filings made
by the Parties with the Canadian securities regulators, including Pacton’s audited annual financial
statements and related MD&A for the financial year ended November 30, 2022 and unaudited interim
financial statements and related MD&A for the three months ended February 28, 2023 and 2022, and the
management information circular dated May 2, 2023 in respect of th e special meeting of shareholders
held on June 2, 2023, all filed with the securities regulatory authorities in certain provinces of Canada and
available under the Pacton’s profile at www.sedar.com. The risk factors are not exhaustive of the factors
that may affect the Parties’ forward‐looking statements. The Parties’ forward‐looking statements are
based on the applicable assumptions and factors management considers reasonable as of the date hereof,
based on the information available to management of the Parties at such time. The Parties do not assume
any obl igation to update forward‐looking statements if circumstances or management’s beliefs,
expectations or opinions should change other than as required by applicable securities laws. There can be
no assurance that forward‐looking statements will prove to be accurate, and actual results, performance
or achievements could differ materially from those expressed in, or implied by, these forward‐looking
statements. Accordingly, undue reliance should not be placed on forward‐looking statements. Neither 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.