Business News • MarketWire • Gideon Capital Enters Into Definitive Agreement and Files Filing Statement on SEDAR in Connection Proposed Qualifying Transaction With Bathurst Resources Corp.

Gideon Capital Enters Into Definitive Agreement and Files Filing Statement on SEDAR in Connection Proposed Qualifying Transaction With Bathurst Resources Corp.

Gideon Capital Enters Into Definitive Agreement and Files Filing Statement on SEDAR in Connection Proposed Qualifying Transaction With Bathurst Resources Corp.

TORONTO, ONTARIO--(Marketwired - Nov. 25, 2013) - Gideon Capital Corp. ("Gideon") (TSX VENTURE:GOL.P), a capital pool company as defined under Policy 2.4 of the TSX Venture Exchange (the "Exchange"), is pleased to provide this update on the proposed arm's length acquisition of 100% of the common shares of Bathurst Resources Corp. ("Bathurst") by Gideon previously announced on July 16, 2013. Pursuant to the terms of an amalgamation agreement dated November 22, 2013 (the "Agreement") and subject to completion of certain conditions precedent, including, completion of a concurrent financing and receipt of all necessary regulatory and Exchange approvals, the proposed acquisition of Bathurst will qualify as Gideon's "Qualifying Transaction" as defined by Exchange Policy 2.4.

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