|By Marketwired .||
|January 17, 2014 08:30 AM EST||
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 01/17/14 -- Rockgate Capital Corp. ("Rockgate" or the "Company") (TSX: RGT) is pleased to announce the closing of the previously announced acquisition of Rockgate by Denison Mines Corp. ("Denison") by way of plan of arrangement under the Business Corporations Act (British Columbia) (the "Arrangement"). The Arrangement was approved at a special meeting of securityholders of Rockgate on January 15, 2014 and by the Supreme Court of British Columbia on January 16, 2014.
Pursuant to the Arrangement, Denison acquired all of the issued and outstanding common shares of Rockgate not previously owned by it for 0.192 of a Denison common share for each Rockgate common share acquired. In addition, pursuant to the Arrangement all Rockgate stock options terminated effective today. Rockgate's expects its shares to be delisted from the Toronto Stock Exchange in the near future. Rockgate will also be applying to cease to be a reporting issuer under securities legislation.
Rockgate shareholders who have not yet done so are encouraged to tender any remaining Rockgate shares by contacting Computershare Investor Services Inc. toll free at 1-800-564-6253 or by email at [email protected].
Further details regarding the terms of the Arrangement are set out in Rockgate's management information circular dated December 16, 2013, which is available on SEDAR at www.sedar.com.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: This news release contains "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" as such term is defined in applicable Canadian securities laws (together referred to herein as "forward-looking statements"). Except for statements of historical fact relating to Rockgate, information contained herein constitutes forward-looking statements. Forward-looking statements are characterized by words such as "plan", "will", "expect", "anticipate", "believe", or "intend". While such forward-looking statements are expressed by Rockgate, as stated in this release, in good faith and believed by Rockgate to have a reasonable basis, they are subject to important risks and uncertainties including, without limitation, changes in applicable laws or regulations, which could cause actual results to differ materially from future results expressed, projected or implied by the forward-looking statements. These forward-looking statements are not guarantees of future performance, given that they involve risks and uncertainties. Although Rockgate has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that could cause actions, events or results not to be anticipated, estimated or intended. Rockgate undertakes no obligation to update forward-looking statements if circumstances or management`s estimates, assumptions or opinions should change, except as required by applicable law. The reader is cautioned not to place undue reliance on forward-looking statements.
Rockgate Capital Corp.
President and Chief Executive Officer
Computershare Investor Services Inc.
Toll-Free Phone: 1-800-564-6253
Toll-Free Facsimile: 1-888-453-0330 (FAX)
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