VANCOUVER, BC–(Marketwired – December 01, 2017) – Marching Moose Capital Corp. (“MMC.H”) (“MMCC” or the “Company”) (NEX BOARD: MMC.H) is pleased to announce that following receipt of final approval by the TSX Venture Exchange (the “Exchange”), it has completed its previously announced three cornered amalgamation (the “Amalgamation”) with Avidian Gold Inc. (“Avidian”). MMCC Amalco Ltd, a wholly owned subsidiary of MMCC, and Avidian amalgamated to form a new entity to be called Avidian Gold Inc. which is wholly owned by MMCC. Pursuant to the terms of the Amalgamation set out in the amalgamation agreement between the parities, Avidian shareholders will receive one common share of MMCC for every 2.17 common shares of Avidian previously held (the “Share Exchange”). In connection with the Share Exchange, MMCC has issued an aggregate of up to 47,948,057 common shares and 3,432,604 share purchase warrants of MMCC to Avidian shareholders. Of these, 14,213,883 common shares of MMCC held by principals are subject to escrow restrictions in accordance with the rules of the Exchange.
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