Treasury Metals completes acquisition of Goldeye Explorations

On November 24, 2016, Treasury Metals Inc. (TSX:TML) completed its acquisition of Goldeye Explorations Limited (TSXV:GGY) via a plan of arrangement.  This was approved by the shareholders of Goldeye at a special meeting. A final order was obtained from the Ontario Superior Court of Justice approving the Plan of Arrangement and a Certificate and Articles of Arrangement were issued by the Ministry of Government Services. The TSX Venture Exchange gave final approval to the Plan of Arrangement and the de-listing of the shares of Goldeye. The acquisition provides Treasury with a second high-quality asset, the Weebigee Project, in Northwestern Ontario.

Effective upon closing of the Arrangement, Goldeye becomes a wholly owned subsidiary of Treasury and all of the issued and outstanding common shares of Goldeye were acquired by Treasury.

Treasury was represented on the transaction by McMillan LLP, with a team led by Raj Dewan that included Peter Botz, Herb Ono,  Andjela Vukobrat and Laura Fraser.