TSX Venture Exchange Stock Maintenance Bulletins

VANCOUVER, BC, Dec. 27, 2024 /CNW/ -

TSX VENTURE COMPANIES

BULLETIN V2024-3891

FLYHT AEROSPACE SOLUTIONS LTD. ("FLY")
BULLETIN TYPE: Plan of Arrangement, Delist
BULLETIN DATE: December 27, 2024
TSX Venture Tier 2 Company

TSX Venture Exchange (the "Exchange") has accepted for filing an arrangement agreement, dated October 21, 2024, between Flyht Aerospace Solutions Ltd. ("Flyht") and Firan Technology Group Corp. ("Firan Technology"), pursuant to which Firan Technology acquired all of the issued and outstanding common shares of Flyht by way of a plan of arrangement under the Canada Business Corporations Act (the "Arrangement"). Under the terms of the Arrangement, Flyht shareholders were able to elect to receive, for each common share of Flyht held: (i) 11.03 cents in cash and 0.0333 Firan Technology share; (ii) 33.79 cents in cash; or (iii) 0.0495 Firan Technology share, in each case subject to proration in accordance with the Arrangement. The consideration was subject to a total maximum cash consideration of $ 4.3 million and a total maximum share consideration of 1.3 million Firan Technology shares. Additionally, all outstanding Options of Flyht were exchanged into consideration in accordance with the terms of the Arrangement.

The Exchange has been advised that the requisite approval of the Arrangement by Flyht's shareholders was received at a special meeting of shareholders held on December 16, 2024, and that the Court of Kings Bench of Alberta granted a final order with respect to the Arrangement on December 18, 2024. The Arrangement was completed on December 20, 2024.

Delisting:

Effective at the close of business on Monday, December 30, 2024, the shares of Flyht will be delisted from the TSX Venture Exchange.

For further details, please refer to (i) Flyht's news releases dated October 21, 2024, November 25, 2024, December 16, 2024, December 18, 2024 and December 20, 2024; and (ii) Flyht's information circular dated November 12, 2024, and the related meeting materials, all of which are all available on SEDAR+ under Flyht's profile.

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BULLETIN V2024-3892

MONUMENTAL ENERGY CORP. ("MNRG")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement, Resume trading.
BULLETIN DATE:  December 27, 2024
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to the non-arm's length acquisition of a revenue interest in the Copper Moki 1& 2 oil and gas wells.  In return for rehabilitating the wells, the Company will be entitled to 75% of the oil and gas revenue, net of production costs, until the start-up costs have been accrued, after which the Company will receive a 25% net revenue interest, or royalty, in the permit.