TransactionsCanadian Gold Hunter Corp. and Sanu Resources Ltd. Complete Business CombinationPublished: 11/23/2009 By John H. Craig, Cathy L. Mercer On August 20, 2009, Canadian Gold Hunter Corp. and Sanu Resources Ltd. completed their business combination. Sanu is now a wholly-owned subsidiary of Canadian Gold Hunter. Pursuant to the Arrangement Agreement, Canadian Gold Hunter acquired all of the issued and outstanding shares of Sanu on the basis of 0.5725 shares of Canadian Gold Hunter for each one Sanu share. All outstanding Sanu options and warrants have been exchanged for replacement options and replacement warrants of Canadian Gold Hunter based on the exchange ratio. Cassels Brock represented Canadian Gold Hunter Corp. with a tcream that included Cathy Mercer (Securities and Mining) and John Craig (Securities and Mining). |