Serra Energy Metals completes E79 Resources spinout

Executive Summary

• Uberdoc Health Technologies Corp. (formerly Serra Energy Metals Corp.) completed the spin‑out of E79 Resources Pty. Ltd. and related assets to newly created entity 1548043 B.C. Ltd. under a statutory plan of arrangement.
• Shareholders received one new Uberdoc common share plus 0.05 of a 1548043 share for each pre‑spin‑out share held; the spin‑out became effective at 12:01 a.m. on March 12, 2026.
• The spin‑out clears the path for an amalgamation with ROV Investment Partners Corp., expected to close on March 13, 2026, and the new Uberdoc shares remain halted pending completion of that transaction.

Key Details

• Spin‑out Structure: E79 Resources Pty. Ltd. (owner of Beaufort and Myrtleford properties in Australia) and its equity interests in Advance Metals Ltd., plus any cash from their sale, were transferred to 1548043 B.C. Ltd.
• Shareholder Allocation: For each pre‑spin‑out Uberdoc common share, shareholders receive:
• 1 new Uberdoc common share (authorized capital)
• 0.05 of a 1548043 common share (authorized capital)
• Ownership Post‑Spin‑out: Shareholders now own 100 % of the 6,511,113 newly issued Uberdoc shares and 100 % of the 3,255,557 1548043 shares.
• Regulatory Approvals:
• Shareholder approval at annual/general meeting on Nov 3, 2025.
• Supreme Court of British Columbia final approval on Nov 17, 2025.
• Effective under plan of arrangement as of March 12, 2026.
• Trading Status: Uberdoc shares remain halted on the Canadian Securities Exchange (CSE) pending amalgamation completion and related filing requirements; CSE conditional approval for the amalgamation was received on March 4, 2026.
• CUSIP/ISIN Numbers:
• New Uberdoc shares – CUSIP 90356T107 / ISIN CA90356T1075.
• 1548043 shares – CUSIP 68237N101 / ISIN CA68237N1015.
• Reporting Obligations: 1548043 will not be listed on any exchange but will act as a reporting issuer in British Columbia, Alberta, and Ontario, complying with continuous disclosure rules.
• Transfer Agent & Deposit­ary: Odyssey Trust Company serves as depositary and transfer agent for both Uberdoc and 1548043; transmittal letters were mailed to registered shareholders, while brokerage‑held shares will be automatically re‑registered.
• Future Transaction: The spin‑out facilitates the planned amalgamation with ROV Investment Partners Corp., targeted to close on March 13, 2026 (see prior releases dated May 1 2025; Oct 14 2025; Feb 10 2026; Feb 13 2026).

Notable Quotes

• No direct quotes were provided in the release.