Aldebaran completes spin-out of Centauri Minerals
On August 27, 2026, Aldebaran Resources Inc. ("Aldebaran") completed the previously announced plan of arrangement with Centauri Minerals Inc. ("Centauri"), formerly a majority-owned subsidiary of Aldebaran, pursuant to which Aldebaran spun out 18,544,058 common shares of Centauri to its shareholders by way of a statutory plan of arrangement under the Business Corporations Act (Alberta). Aldebaran shareholders received one new common share of Aldebaran and one-tenth of one Centauri share for each Aldebaran share held as of the applicable record date.
In connection with the completion of the arrangement, 25,486,000 previously issued subscription receipts of Centauri converted into Centauri Shares on a one-for-one basis, releasing C$25.486 million of gross private placement proceeds to Centauri.
Aldebaran is a mineral exploration company headquartered in Vancouver, British Columbia. Its principal asset is the Altar copper-gold project located in San Juan Province, Argentina.
Centauri is a mineral exploration company focused on Northern Argentina. It holds a portfolio of exploration projects in the provinces of Salta, Catamarca and Jujuy, including the Rio Grande gold-copper project.
McCarthy Tétrault LLP advised Aldebaran with a team led by Jack Schroder that included Farhiyah Shariff, Ashley Wilson, Ty Buhler, Jonathan P. Brisebois, Kayla Ellison, Tasia Ntwari (Business Law), Mike Hegedus, Matthew Kraemer, Tyler Warchola (Tax), Lyndsey Delamont, and John J. Corrigan (Litigation).
