THEMAC Receives Final Court Approval and Provides Update on Going Private Transaction

Executive Summary

• THEMAC Resources Group Limited obtained a final Yukon Supreme Court order approving its previously announced plan of arrangement with Tulla Resources Group Pty Ltd.
• Under the arrangement, shareholders will receive CAD $0.08 per common share for all shares not already owned by the Purchaser.
• The transaction is expected to close later this month, after which THEMAC will become a wholly‑owned subsidiary of Tulla and its TSX Venture Exchange listing will be delisted.

Key Details

• Final Court Order: Yukon Supreme Court approved the plan of arrangement on October 9, 2025.
• Purchaser: Tulla Resources Group Pty Ltd. (the “Purchaser”).
• Consideration: CAD $0.08 per common share for all outstanding shares not already held by the Purchaser.
• Closing Conditions: Parties are working to satisfy customary closing conditions; expected completion later in October 2025, subject to satisfaction or waiver of those conditions.
• Post‑Closing Structure: THEMAC will become a wholly‑owned subsidiary of Tulla Resources Group Pty Ltd.
• Delisting: The Company’s common shares are expected to be delisted from the TSX Venture Exchange following completion.

Notable Quotes

(No direct quotes were included in the release.)