Erdene/Advanced Primary Materials -- summary under Shares for Shares and Nominal Cash

Current structure

Erdene is a TSX-listed corporation holding Cape Breton coal assets through its wholly-owned subsidiary, Erdene Resources Inc. ("ERI"), and also indirectly holding mineral exploration and development assets in Mongolia. Erdene also holds approximately 60% of APM, whose shares are listed on the TSXV.

Plan of Arrangement

A CBCA Plan of Arrangment is intended to result in two separately-held public companies, holding the Mongolian and coal assets, respectively:

Chalice/Coventry -- summary under S. 84(4.1)(a) distributions of proceeds

Overview

Under a BC Plan of Arrangement, Coventry is to transfer most of its subsidiaries (the "Targets") to Western Rift (a subsidiary of Chalice) in consideration for Chalice shares, which Coventry will then transfer to its shareholders as a stated capital distribution. The Arrangement is expected to result in the Coventry shareholders holding 15.46% of the Chalice shares, and in Coventry holding only cash and a project in Alaska.

See detailed summary under Cross-Border Acquisitions – Inbound – Asset sale/share distribution.

ISG -- summary under S. 84(3) redemption spin-offs

Overview

With a view to all the common shareholders of ISG becoming the unitholders of the Trust, which is expected to be a REIT, ISG will sell its sole real estate asset and then, under a CBCA Plan of Arrangement, each ISG common shareholder will have the option of redeeming its shares for cash or for units of the Trust, so that following the Plan of Arrangement, ISG will be wholly-owned by the Trust.

Abbastar -- summary under S. 84(2) spin-offs

Plan of arrangement

The circular contemplates the spin-off by Abbastar of four newly-formed junior mining companies, via., Anacott, Brunello, Sparz and Teldar. Under a B.C. plan of arrangement, Abbastar transfers the respective assets to Anacott, Brunello, Sparz and Teldar (the "Newcos") in consideration for preferred shares of the Newcos, which then are converted into common shares, with the common shares of the Newcos being distributed to Abbastar's shareholders as a reduction of paid-up capital. Option to acquire Abbastar shares become options to acquire Newco shares.

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