VANCOUVER, BC, Dec. 23,
2024 /CNW/ - Filo Corp. (TSX: FIL)
(Nasdaq First North Growth Market: FIL) (OTCQX:
FLMMF) ("Filo" or the "Company") is pleased to
announce that Nasdaq First North Growth Market has
conditionally approved the delisting of the common shares of the
Company (the "Filo Shares") from the Nasdaq First North
Growth Market following the closing of the Arrangement (as defined
below). It is expected that the Filo Shares will be delisted from
the Nasdaq First North Growth Market as soon as practicable
following the effective date of the arrangement (the
"Arrangement") involving, among others, the Company, BHP
Investments Canada Inc. ("BHP"), a wholly-owned subsidiary
of BHP Group Limited, and Lundin Mining Corporation (TSX: LUN)
(OMX: LUMI) ("Lundin Mining", and together with BHP, the
"Purchaser Parties") pursuant to which the Purchaser Parties
will, among other things, acquire all of the issued and outstanding
Filo Shares not already owned by the Purchaser Parties and their
respective affiliates, as previously announced by the Company on
July 29, 2024. PDF Version
About Filo Corp.
Filo is a Canadian exploration and development company focused
on advancing its 100% owned Filo del Sol copper-gold-silver deposit
located in San Juan Province, Argentina and adjacent Region III,
Chile. The Company's shares are
listed on the Toronto Stock Exchange and Nasdaq First North Growth
Market under the trading symbol "FIL", and on the OTCQX under the
symbol "FLMMF".
Additional Information
The Company's certified adviser on the Nasdaq First North Growth
Market is Bergs Securities AB, +46 8 506 51703,
rutger.ahlerup@bergssecurities.se.
The information contained in this news release was accurate at
the time of dissemination, but may be superseded by subsequent news
release(s).
The information was submitted for publication by the contact
persons below on December 23, 2024 at
4:00 am EST.
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CAUTIONARY NOTE REGARDING FORWARD-LOOKING
INFORMATION:
This press release may contain certain
"forward-looking information" and "forward-looking statements"
(collectively "forward-looking information") within the meaning of
applicable securities legislation. All statements, other than
statements of historical fact, included herein, including, without
limitation, the completion and timing of delisting and the
consummation of the Arrangement, may be forward-looking
information. Forward-looking information is frequently, but not
always, identified by words such as "expects", "anticipates",
"believes", "intends", "estimates", "potential", "possible", and
similar expressions, or statements that events, conditions, or
results "will", "may", "could", or "should" occur or be
achieved.
Forward-looking information involves various risks and
uncertainties. There can be no assurance that such information will
prove to be accurate, and actual results and future events could
differ materially from those anticipated in such information.
Important factors that could cause actual results to differ
materially from the Company's expectations include failure to
satisfy or waive the closing conditions to the Arrangement; changes
in laws, regulations and government practices; government
regulation of mining operations; environmental risks; and other
risks and uncertainties disclosed in the Company's periodic filings
with Canadian securities regulators and in other Company reports
and documents filed with applicable securities regulatory
authorities from time to time, including the Company's Annual
Information Form available under the Company's profile at
www.sedarplus.ca. The Company's forward-looking information
reflects the beliefs, opinions, and projections on the date the
statements are made. The Company assumes no obligation to update
the forward-looking information or beliefs, opinions, projections,
or other factors, should they change, except as required by
law.
SOURCE Filo Corp.
