Trigon Metals Inc (PNTZF)

[Mr. Zen]

Pursuant to the RTO, Trigon intends to:

<< (i) consolidate all of its issued and outstanding common shares on the basis of one "new" common share (a "Trigon Post-Consolidation Share") for every four "old" common shares issued and outstanding (the "Consolidation"); and (ii) make an offer (the "Trigon Offer") to acquire all of the issued and outstanding common shares of ICP, a private company existing under the laws of Canada, by way of a share exchange pursuant to which shareholders of ICP will receive one Trigon Post-Consolidation Share for each common share of ICP tendered to the Trigon Offer. >>
Upon completion of the RTO, Trigon intends to change its name to "Intercontinental Potash Corp." (the "Name Change") and continue to be listed on the TSX Venture Exchange ("TSXV") in the mining issuer category.