On March 30, 2012, Pan American acquired all of the issued and outstanding Common Shares of Minefinders. Under the terms of the Arrangement, former Minefinders shareholders who elected the full proration option received CAD $1.84 and 0.55 of a Pan American share in respect of each of their Minefinders shares. Former Minefinders shareholders who elected the Pan American share option received 0.6235 Pan American Shares and CAD $0.0001 for each of their Minefinders shares, and those who elected the cash option received CAD $2.0306 and 0.5423 of a Pan American share in respect of each of their shares. However, if the Letter of Transmittal is not received by Kingsdale Advisors By 5:00 P.M. (Pacific Time) on Thursday, March 22, 2012, shareholder will be deemed to have elected to receive the full proration option in Canadian Dollars. Fractional shares will be rounded down to the nearest whole number.
More information on filling out the Letter of Transmittal can be found here. Should you have any questions, please contact Kingsdale Advisors at the toll-free number 1-888-518-6796.