Press Release: Eros Resources, MAS Gold and Rockridge Resources Complete Previously Announced Three-Way Merger Transaction

Dow Jones
Jan 24, 2025

This press release contains certain "forward-looking information" and "forward-looking statements" within the meaning of applicable securities legislation. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the beliefs of each of the companies regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the companies' control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such "could", "intend", "expect", "believe", "will", "projected", "planned", "estimated", "soon", "potential", "anticipate" or variations of such words. By identifying such information and statements in this manner, the companies are alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the companies and/or the combined company to be materially different from those expressed or implied by such information and statements. Forward-looking statements in this news release may include but are not limited to: statements concerning the expected timing by which the Rockridge Shares and MAS Gold Shares will be delisted from the TSXV; and the timing of the Eros Shares issued as Consideration trading on the TSXV; the anticipated benefits of the Transaction; the anticipated timing of filing of necessary early warning reports; and the business plans, expectations, and goals of the combined company.

In addition, in connection with the forward-looking information and forward-looking statements contained in this press release, the companies have made certain assumptions. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information and statements are the following: the ability to recognize the anticipated benefits of the Transaction; unexpected costs related to the Transaction; the inability of the combined company to work effectively with strategic partners and any changes to key personnel; inability of the combined company to successfully complete a private placement or other financing upon completion of the Transaction; and material adverse changes in general economic, business and political conditions, including changes in the financial markets; geopolitical risk and changes in applicable laws or regulations; operational risks; meeting the continued listing requirements of the TSXV; and other factors set forth in the joint management information circular of Eros, Rockridge and MAS Gold under the section "Risk Factors", available on each of the companies' respective SEDAR+ profiles at www.sedarplus.ca. These risks are not intended to represent a complete list of the factors that could affect the combined company; however, these factors should be considered carefully. Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or forward-looking statements prove incorrect, actual results may vary materially from those described herein. The impact of any one assumption, risk, uncertainty, or other factor on a particular forward-looking statement cannot be determined with certainty because they are interdependent and the combined company's future decisions and actions will depend on management's assessment of all information at the relevant time.

Although Eros believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and forward-looking statements are reasonable, undue reliance should not be placed on such information and forward-looking statements, and no assurance or guarantee can be given that such forward-looking information and forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and Eros does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws.

SOURCE MAS Gold Corp.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/January2025/24/c1980.html

/CONTACT:

For further information, please contact: Eros Resources Corp., Jonathan Wiesblatt, Chief Executive Officer, Telephone: 647-203-9190, Email: jwiesblatt@rockridgeresourcesltd.com

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(END) Dow Jones Newswires

January 24, 2025 03:01 ET (08:01 GMT)

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