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August 2017

Dalradian

Dalradian
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Dalradian

Advisor to Dalradian on its acquisition outstanding shares of Minco plc
Metals and Mining M&A Advisory

Canaccord Genuity acts as adviser to Dalradian Resources Inc. on its purchase of the 2% net smelter return royalty on its Curraghinalt gold deposit from Minco plc, for shares valued at C$20.0 million

Canaccord Genuity is pleased to announce that on August 30, 2017, Dalradian Resources Inc. (“Dalradian” or the “Company”) (TSX:DNA, AIM:DALR) completed the acquisition of all outstanding shares of Minco plc (“Minco”) (AIM:MIO). Under the scheme of arrangement, Dalradian issued 15,489,942 new common shares, valued at C$20.0 million, to acquire all of the outstanding shares of Minco. As part of the transaction, Minco also completed a demerger of its wholly owned subsidiary, Buchans Resources Limited, such that prior to the acquisition, the only asset held by Minco was the 2% net smelter return royalty on Dalradian’s Curraghinalt gold deposit.

Dalradian is a mineral exploration and development company that is focused on advancing its high-grade Curraghinalt Gold Project located in Northern Ireland, United Kingdom. The Company is completing a work program in support of a planning (permitting) application for construction of an operating mine at Curraghinalt.