7097914 Manitoba Ltd entered in a agreement to acquire substantially all of assets of San Gold Corporation (TSXV:SGR) on June 10, 2015. The transaction was subject to the approval of The Manitoba Court of Queen's Bench. Beacon Securities Limited acted as financial advisor for San Gold Corporation. As of June 19, the transaction was approved by the court. As announced on June 24, 2015, as a result of the transaction, Principal secured creditors acquired 1.5 million shares of Wildcat Exploration Ltd. for CAD 0.07 million from San Gold Corporation in exchange for assuming its debt.

7097914 Manitoba Ltd completed the acquisition of substantially all of assets of San Gold Corporation (TSXV:SGR) on June 22, 2015.