TMAC Resources Inc.

12:00 PM EST - TMAC Resources Inc. : Announced receipt of notification that the federal Cabinet has ordered a national security review under the Investment Canada Act (Canada) of the plan of arrangement with Shandong Gold Mining Co., Ltd. and its affiliate. The Transaction was agreed and announced on May 8, 2020. As previously disclosed, the Transaction provides for the acquisition by the Purchaser of all of the issued and outstanding common shares of TMAC not already owned by Shandong or an affiliate, by way of a statutory plan of arrangement under the Business Corporations Act (Ontario). TMAC Resources Inc. shares T.TMR are trading down $0.02 at $1.19.