Kenadyr Mining Corporation (KMC) signed an amalgamation agreement to acquire Javelle Capital Corp. (TSXV:JVL.H) in a reverse merger transaction on November 18, 2016. Under the terms of agreement, Javelle will issue on the basis of one post-consolidation Javelle share for every two pre-consolidation Javelle shares. Pursuant to the transaction, the shareholders of KMC will receive one post-consolidation Javelle share for each KMC share held at a deemed issue price of CAD 0.35 per share. KMC has 79.89 million shares outstanding. Javelle will change its name to Kenadyr Mining (Holdings) Corp. and will continue on with the business of KMC. All of the current officers and Directors of Javelle will resign from their respective positions with Javelle. The management of the resulting issuer is expected to include each of Alexander Becker (Chief Executive Officer), Bryan Slursarchuk (President), Brian Lueck (Chief Operating Officer), and Kevin Ma (Chief Financial Officer and Corporate Secretary) and the Board of Directors of the resulting issuer is expected to consist of Alexander Becker, Bryan Slusarchuk, Brian Lueck, R. Stuart Angus and Douglas J. Kirwin. Mark Eaton will act as an advisor to the company. The transaction is subject to receipt of the approval of the shareholders of KMC, all necessary consents, orders and regulatory approvals, including the conditional approval of the Exchange subject only to customary conditions and dissent rights not having been exercised by greater than 5% of the KMC shareholders, the transaction should be completed by the expected closing date which is April 30, 2017. The exchange issued its conditional approval of the transaction on February 24, 2017. The transaction is still subject to final approval by exchange. Kenadyr shareholders will consider the qualifying transaction at a special meeting to be held on or about March 17, 2017. As of March 1, 2017, it was disclosed that the transaction is now expected to be completed by May 25, 2017. Desmond Balakrishnan of McMillan LLP acted as legal advisor for Javelle Capital Corp. Jeff Lightfoot of Owen Bird Law Corporation acted as legal advisor for Kenadyr Mining Corporation. Kenadyr Mining Corporation (KMC) completed the acquisition of Javelle Capital Corp. (TSXV:JVL.H) in a reverse merger transaction on March 28, 2017. The company’s post-consolidation common shares will resume trading on the exchange under the new ticker symbol “KEN”. The common shares are anticipated to resume trading on March 31, 2017.