Announcement • Oct 23
Tulla Resources Group Pty Limited completed the acquisition of remaining 39.61% stake in THEMAC Resources Group Limited (TSXV:MAC). Tulla Resources Group Pty Limited agreed to acquire remaining 39.61% stake in THEMAC Resources Group Limited (TSXV:MAC) for CAD 2.5 million on July 31, 2025. A cash consideration of CAD 2.52 million valued at CAD 0.08 per share will be paid by Tulla Resources Group Pty Limited. Tulla holds about 48 million shares, representing 60.39% stake in THEMAC Resources. Upon completion of the Transaction, Tulla will be the sole shareholder of THEMAC, resulting the Shares to be delisted from the Exchange in lieu of this Going Private Transaction, and the Company will also apply to the applicable Canadian securities regulatory authorities to cease to be a reporting issuer.
The completion of the Transaction remains subject to a number of other conditions including, but not limited to, approval by the Supreme Court of Yukon and Exchange approval and shareholders approval of THEMAC. Barrett Sleeman and Pierce Carson acted as the special independent committee of the board of directors of THEMAC. The deal has been approved by board of THEMAC. As on October 7, 2025, the Shareholders of THEMAC approved the transaction. As of October 9, 2025, THEMAC obtained the final order of the Yukon Supreme Court approving the plan of arrangement. If all approvals and conditions for the Transaction are obtained and satisfied, the Company currently expects the Transaction to be closed in mid to late October 2025.
Evans & Evans, Inc. acted as fairness opinion provider for THEMAC Resources Group Limited. McMillan LLP acted as a legal advisor to THEMAC. Computershare Trust Company of Canada acted as depository to THEMAC.
Tulla Resources Group Pty Limited completed the acquisition of remaining 39.61% stake in THEMAC Resources Group Limited (TSXV:MAC) on October 22, 2025. Announcement • Aug 01
Tulla Resources Group Pty Limited agreed to acquire remaining 39.61% stake in THEMAC Resources Group Limited (TSXV:MAC) for CAD 2.5 million. Tulla Resources Group Pty Limited agreed to acquire remaining 39.61% stake in THEMAC Resources Group Limited (TSXV:MAC) for CAD 2.5 million on July 31, 2025. A cash consideration of CAD 2.52 million valued at CAD 0.08 per share will be paid by Tulla Resources Group Pty Limited. As part of consideration, CAD 2.52 million is paid towards common equity of THEMAC Resources Group Limited. Currently, Tulla holds about 48 million shares, representing 60.39% stake in THEMAC Resources. Upon completion of the Transaction, Tulla will be the sole shareholder of THEMAC, resulting the Shares to be delisted from the Exchange in lieu of this Going Private Transaction, and the Company will also apply to the applicable Canadian securities regulatory authorities to cease to be a reporting issuer.
The completion of the Transaction remains subject to a number of other conditions including, but not limited to, approval by the Supreme Court of Yukon and Exchange approval and shareholders approval of THEMAC. Barrett Sleeman and Pierce Carson acted as the special independent committee of the board of directors of THEMAC. The deal has been approved by board of THEMAC. If all approvals and conditions for the Transaction are obtained and satisfied, the Company currently expects the Transaction to be closed in mid to late October 2025.
Evans & Evans, Inc. acted as fairness opinion provider for THEMAC Resources Group Limited. Announcement • Sep 13
THEMAC Resources Group Limited, Annual General Meeting, Nov 04, 2024 THEMAC Resources Group Limited, Annual General Meeting, Nov 04, 2024. Location: british columbia, vancouver Canada 
