Athena Gold Completes Redomiciliation To Canada
Athena Gold (CSE:ATHA)(OTCQB:AHNR) has successfully completed its redomiciliation from Delaware to British Columbia, Canada through a merger with its subsidiary Nova Athena Gold Corp. The redomicile was approved by 78.75% of shareholders at the March 27, 2025 meeting.
The Record Date is set for April 24, 2025, when shareholders will receive one common share of Nova Athena for each existing share. The company will maintain its trading symbols ATHA (CSE) and AHNR (OTCQB). Post-redomiciliation, the company will have 238,668,850 common shares outstanding, including 43,865,217 shares from previous acquisitions, plus 30,490,303 shares reserved for warrants and options.
The redomiciliation aims to reduce regulatory compliance costs, enhance capital market access, and increase potential investor reach. Registered shareholders must submit their certificates with a Letter of Transmittal to Endeavor Trust for share conversion.
Athena Gold (CSE:ATHA)(OTCQB:AHNR) ha completato con successo la sua redomiciliazione dal Delaware alla British Columbia, Canada, tramite una fusione con la sua controllata Nova Athena Gold Corp. La redomiciliazione è stata approvata dal 78,75% degli azionisti durante l’assemblea del 27 marzo 2025.
La Data di Registrazione è fissata per il 24 aprile 2025, quando gli azionisti riceveranno una azione ordinaria di Nova Athena per ogni azione posseduta. L’azienda manterrà i simboli di negoziazione ATHA (CSE) e AHNR (OTCQB). Dopo la redomiciliazione, saranno in circolazione 238.668.850 azioni ordinarie, di cui 43.865.217 derivanti da acquisizioni precedenti, più 30.490.303 azioni riservate a warrant e opzioni.
L’obiettivo della redomiciliazione è ridurre i costi di conformità normativa, migliorare l’accesso ai mercati dei capitali e ampliare il potenziale bacino di investitori. Gli azionisti registrati devono inviare i loro certificati insieme a una Lettera di Trasmissione a Endeavor Trust per la conversione delle azioni.
Athena Gold (CSE:ATHA)(OTCQB:AHNR) ha completado con éxito su redomiciliación desde Delaware a Columbia Británica, Canadá, a través de una fusión con su subsidiaria Nova Athena Gold Corp. La redomiciliación fue aprobada por el 78,75% de los accionistas en la reunión del 27 de marzo de 2025.
La Fecha de Registro está establecida para el 24 de abril de 2025, cuando los accionistas recibirán una acción común de Nova Athena por cada acción que posean. La compañía mantendrá sus símbolos de cotización ATHA (CSE) y AHNR (OTCQB). Tras la redomiciliación, la empresa tendrá 238,668,850 acciones comunes en circulación, incluyendo 43,865,217 acciones de adquisiciones anteriores, más 30,490,303 acciones reservadas para warrants y opciones.
La redomiciliación busca reducir los costos de cumplimiento regulatorio, mejorar el acceso a los mercados de capital y ampliar el alcance potencial de inversores. Los accionistas registrados deben enviar sus certificados junto con una Carta de Transmisión a Endeavor Trust para la conversión de acciones.
Athena Gold (CSE:ATHA)(OTCQB:AHNR)는 자회사 Nova Athena Gold Corp.와의 합병을 통해 델라웨어에서 캐나다 브리티시컬럼비아로의 본사 이전을 성공적으로 완료했습니다. 본사 이전은 2025년 3월 27일 주주총회에서 78.75%의 주주 찬성으로 승인되었습니다.
기준일은 2025년 4월 24일로 설정되었으며, 주주들은 기존 주식 1주당 Nova Athena 보통주 1주를 받게 됩니다. 회사는 거래 심볼 ATHA (CSE)와 AHNR (OTCQB)를 유지할 예정입니다. 본사 이전 후 회사는 238,668,850주의 보통주를 발행하게 되며, 이 중 43,865,217주는 이전 인수에서 비롯된 주식이고, 30,490,303주는 워런트 및 옵션을 위해 예약된 주식입니다.
본사 이전의 목적은 규제 준수 비용 절감, 자본 시장 접근성 향상, 그리고 잠재 투자자 범위 확대입니다. 등록된 주주들은 주식 전환을 위해 증서와 함께 전송 서한을 Endeavor Trust에 제출해야 합니다.
Athena Gold (CSE:ATHA)(OTCQB:AHNR) a réussi sa redomiciliation du Delaware à la Colombie-Britannique, Canada, via une fusion avec sa filiale Nova Athena Gold Corp. La redomiciliation a été approuvée par 78,75 % des actionnaires lors de l’assemblée du 27 mars 2025.
La date d’enregistrement est fixée au 24 avril 2025, date à laquelle les actionnaires recevront une action ordinaire de Nova Athena pour chaque action détenue. La société conservera ses symboles boursiers ATHA (CSE) et AHNR (OTCQB). Après la redomiciliation, la société comptera 238 668 850 actions ordinaires en circulation, incluant 43 865 217 actions issues d’acquisitions antérieures, ainsi que 30 490 303 actions réservées aux bons de souscription et options.
L’objectif de la redomiciliation est de réduire les coûts de conformité réglementaire, d’améliorer l’accès aux marchés financiers et d’élargir la portée potentielle des investisseurs. Les actionnaires enregistrés doivent soumettre leurs certificats accompagnés d’une lettre de transmission à Endeavor Trust pour la conversion des actions.
Athena Gold (CSE:ATHA)(OTCQB:AHNR) hat erfolgreich seine Verlegung des Firmensitzes von Delaware nach British Columbia, Kanada, durch eine Fusion mit seiner Tochtergesellschaft Nova Athena Gold Corp. abgeschlossen. Die Sitzverlegung wurde auf der Hauptversammlung am 27. März 2025 mit 78,75 % der Stimmen genehmigt.
Der Stichtag ist auf den 24. April 2025 festgelegt, an dem die Aktionäre für jede bestehende Aktie eine Stammaktie von Nova Athena erhalten. Das Unternehmen behält seine Handelssymbole ATHA (CSE) und AHNR (OTCQB) bei. Nach der Sitzverlegung wird das Unternehmen 238.668.850 Stammaktien ausstehend haben, darunter 43.865.217 Aktien aus früheren Übernahmen sowie 30.490.303 Aktien, die für Warrants und Optionen reserviert sind.
Ziel der Sitzverlegung ist es, die Kosten für die Einhaltung gesetzlicher Vorschriften zu senken, den Zugang zu Kapitalmärkten zu verbessern und die potenzielle Reichweite für Investoren zu erhöhen. Eingetragene Aktionäre müssen ihre Zertifikate zusammen mit einem Übertragungsformular an Endeavor Trust zur Aktienumwandlung einreichen.
- Expected reduction in regulatory compliance costs
- Enhanced access to capital markets
- Potential increase in investor base
- Strong shareholder support with 78.75% approval
- Administrative burden on registered shareholders requiring certificate conversion
VACAVILLE, CALIFORNIA / ACCESS Newswire / April 16, 2025 / Athena Gold Corporation (CSE:ATHA)(OTCQB:AHNR) ("Athena Gold" or the "Company") is pleased to announce the completion of its redomicile from the State of Delaware to the Province of British Columbia, Canada, by way of a merger into its British Columbia subsidiary, Nova Athena Gold Corp. ("Nova Athena") under section 275 of the Business Corporations Act (British Columbia), together with concurrent name change, to form the amalgamated corporation which will continue under the name "Athena Gold Corporation" (the "Resulting Issuer") (the "Redomestication").
The Redomestication was approved by the holders of the Company's common shares at its Annual General and Special Meeting (the "Meeting") held March 27, 2025, by an affirmative vote of approximately
The Company has set April 24, 2025, as the "Record Date", subject to approval of the Canadian Securities Exchange. At that time, the Resulting Issuer's common shares will commence trading on the Canadian Securities Exchange under its new ISIN/CUSIP Number. The new ISIN Number is CA04684R1055 and the new CUSIP Number is 04684R105.
Under the terms of the Agreement and Plan of Merger and Amalgamation dated February 4, 2025, the Company's shareholders will receive one common share in the capital of Nova Athena for each common share of the Company with the Resulting Issuer retaining its current name, Athena Gold Corporation, and current trading symbol "ATHA" on the Canadian Securities Exchange and on the OTCQB under trading symbol "AHNR".
As a result of the Redomestication, the Resulting Issuer's authorized capital consists of an unlimited number of common shares and an unlimited number of preferred shares. Prior to the Redomestication the Company's authorized capital consisted of (i) 250,000,000 common shares, of which 194,803,633 common shares were issued and outstanding and 30,490,303 common shares were reserved for issuance, consisting of an aggregate of 25,260,303 share purchase warrants and 5,230,000 stock options; and (ii) 5,000,000 preferred shares, of which none were issued. On the Record Date of April 24, 2025, the Resulting Issuer will have 238,668,850 common shares issued and outstanding including 43,865,217 common shares previously issued to acquire the Laird Lake and Oneman Lake gold projects in Ontario and 30,490,303 common shares reserved for issuance, consisting of an aggregate of 25,260,303 share purchase warrants and 5,230,000 stock options. No preferred shares will be issued. The common shares held by Athena Gold in Nova Athena will be cancelled without payment of capital.
The Company's transfer agent, Endeavor Trust Corporation ("Endeavor"), has mailed out a letter of transmittal ("Letter of Transmittal") to all registered shareholders of Athena Gold whose common shares are held in the form of physical share certificates. Registered shareholders are required to deposit their original share certificate(s), together with a duly completed Letter of Transmittal, with Endeavor. Once received, Endeavor will deliver shares in the name of the Resulting Issuer to the registered shareholder in accordance with the terms of the Letter of Transmittal. A copy of the Letter of Transmittal will be available under the Company's profile on SEDAR+ at www.sedarplus.ca or can be obtained by contacting Endeavor. If a shareholder holds their common shares through the Direct Registration System (DRS), no action is required. Shareholders who hold their common shares through an intermediary (i.e., a bank, trust, company, securities broker, trustee, or other) should contact that intermediary for instructions or questions.
Further details regarding the terms and conditions of the Redomestication are set out in the Proxy Statement dated February 4, 2025, which is available on the SEC's website at www.sec.gov and on SEDAR+ at www.sedarplus.ca. The Redomestication is expected, among other things, to significantly reduce Athena Gold's regulatory compliance costs, enhance its ability to access the capital markets and increase the number of potential investors.
About Athena Gold Corporation
Athena is engaged in the business of mineral exploration and the acquisition of mineral property assets. Its objective is to locate and develop economic precious and base metal properties of merit and to conduct additional exploration drilling and studies on its projects across North America. Athena's flagship Excelsior Springs Au-Ag project is located in the prolific Walker Lane Trend in Nevada. Excelsior Springs spans 1,675 ha and covers at least three historic mines along the Palmetto Mountain trend, where the Company is following up on a recent shallow oxide gold discovery, with drill results including 5.35 g/t Au over 33.5 m. Meanwhile, the Company's new Laird Lake project is situated in the Red Lake Gold District of Ontario, covering 4,158 hectares along more than 10 km of the Balmer-Confederation Assemblage contact, where recent surface sampling results returned up to 373 g/t Au. This underexplored area is road-accessible, located about 10 km west of West Red Lake Gold's Madsen mine and 34 km northwest of Kinross Gold's Great Bear project.
For further information about Athena Gold Corporation and our Excelsior Springs Gold project, please visit www.athenagoldcorp.com.
On Behalf of the Board of Directors
Koby Kushner
President and Chief Executive Officer, Athena Gold Corporation
For further information, please contact:
Athena Gold Corporation
Koby Kushner, President and Chief Executive Officer
Phone: 416-846-6164
Email: kobykushner@athenagoldcorp.com
CHF Capital Markets
Cathy Hume, CEO
Phone: 416-868-1079 x 251
Email: cathy@chfir.com
Forward-Looking Statements
This press release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian and U.S. Securities laws. All statements, other than statements of historical fact, included herein, including, without limitation, statements regarding future exploration plans, future results from exploration, and the anticipated business plans and timing of future activities of the Company, are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: "believes", "will", "expects", "anticipates", "intends", "estimates", ''plans", "may", "should", ''potential", "scheduled", or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. In making the forward-looking statements in this press release, the Company has applied several material assumptions, including without limitation, that there will be investor interest in future financings, market fundamentals will result in sustained precious metals demand and prices, the receipt of any necessary permits, licenses and regulatory approvals in connection with the future exploration and development of the Company's projects in a timely manner.
The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance and that actual results may differ materially from those in forward-looking statements as a result of various risk factors as disclosed in the final long-form prospectus of the Company dated August 31, 2021.
Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update any of the forward-looking statements in this press release or incorporated by reference herein, except as otherwise stated.
SOURCE: Athena Gold Corp
View the original press release on ACCESS Newswire
FAQ
What is the impact of Athena Gold's (AHNR) redomiciliation to Canada on shareholders?
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