September 26, 2016 12:46 AM ET

Metals and Mining

Company Overview of Sona Resources Corp.

Company Overview

Sona Resources Corp., a junior resource company, focuses on the acquisition, exploration, and development of gold, and other precious and base metal properties in Canada. The company focuses on its 100% owned mineral properties, including the Blackdome gold mine and the Elizabeth gold property located in British Columbia, Canada. It also has an option to acquire 100% interest in the Mineral Creek property located in British Columbia, Canada. The company was formerly known as J-Pacific Gold Inc. and changed its name to Sona Resources Corp. in January 2010. Sona Resources Corp. was founded in 1990 and is headquartered in North Vancouver, Canada. As of September 15, 2016, Sona Resources Corp. o...

145 15th Street West

Suite 103

North Vancouver, BC V7M 1R9

Canada

Founded in 1990

Phone:

604-684-6677

Fax:

604-684-6678

Key Executives for Sona Resources Corp.

Chief Executive Officer, President and Director
Total Annual Compensation: C$150.0K
Executive Chairman and Managing Director
Age: 57
Total Annual Compensation: C$150.0K
Chief Financial Officer and Secretary
Age: 52
Total Annual Compensation: C$75.0K
Compensation as of Fiscal Year 2015.

Sona Resources Corp. Key Developments

Sona Resources Corporation ordinary shares To Be Deleted From Other OTC

Sona Resources Corporation ordinary shares (Canada) will be deleted from Other OTC, effective September 19, 2016. The deletion was due to Acquisition/Merger/Amalgamation.

Sona Resources To Be Delisted From TSXV

Skeena Resources Limited ("Skeena") and Sona Resources Corp. ("Sona") announced the completion of the previously announced arrangement agreement (the "Agreement") that combines their respective companies by way of a statutory plan of arrangement pursuant to the Business Corporations Act (British Columbia) (the "Transaction"), under which Skeena acquired all of the outstanding common shares of Sona ("Sona Shares") in exchange for common shares of Skeena ("Skeena Shares"). Skeena Shares are to continue to trade on the TSXV, while Sona Shares will be delisted from the TSXV and an application will be made for Sona to cease to be a reporting issuer.

Sona Resources To Be Delisted From TSX Venture Exchange, Upon Completion Of Arrangement

Sona Resources Corp. has received approval of its shareholders at the annual general and special meeting to consider, among other matters, the previously announced acquisition of Sona by Skeena Resources Ltd. by way of a plan of arrangement under the Business Corporations Act (British Columbia). Sona will be seeking a final order of the B.C. Supreme Court to approve the arrangement. The final order is expected to be granted on or about Sept. 13, 2016 (or such later date as may be agreed upon by Sona and Skeena), with the arrangement anticipated to become effective shortly thereafter. Completion of the arrangement is subject to the satisfaction of certain other closing conditions customary of a transaction of this nature. It is further anticipated that shortly after the completion of the arrangement, Sona's common shares will be delisted from the TSX Venture Exchange and that applications will be filed for Sona to cease to be a reporting issuer under Canadian securities laws.

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