Tulla Resources Group

THEMAC Resources (MACQF) urges shareholders to vote on the proposed acquisition by Tulla Resources Group at $0.08 per share by the October 3, 2025 deadline. The Board and proxy advisor ISS recommend voting in favor of the statutory arrangement. Due to a Canada Post strike, online or telephone voting is strongly encouraged. The special meeting is scheduled for October 7, 2025, focusing on the arrangement under the Yukon Business Corporations Act.

Tulla Resources Group will acquire the remaining shares of THEMAC Resources Group for $0.08 per share, an 11% premium. Tulla, already holding 60.39% of THEMAC, needs shareholder (2/3 majority) and minority shareholder approval at an October 7, 2025 meeting. Key shareholders (18.64%) support the deal, expected to close mid-to-late October 2025. The board, backed by a fairness opinion, unanimously approved the arrangement. Upon completion, THEMAC will be delisted.