Oceanus Resources and El Tigre Silver Announce Closing of Arrangement


VANCOUVER, Nov. 13, 2015 /CNW/ – Oceanus Resources Corporation (“Oceanus“) (TSXV:OCN) and El Tigre Silver Corp. (“El Tigre”) (TSXV:ELS) are pleased to announce the completion, following the receipt of the final order of the Court on November 10, 2015, of the previously announced arrangement agreement (the “Agreement“) that combines their respective companies by way of a statutory plan of arrangement pursuant to the Business Corporations Act (British Columbia) (the “Transaction“), under which Oceanus acquired all of the outstanding common shares of El Tigre (“El Tigre Shares“) in exchange for common shares of Oceanus (“Oceanus Shares“).

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