/EINPresswire.com/ -- LONDON, UNITED KINGDOM and BAIE VERTE, NEWFOUNDLAND and LABRADOR, NEWFOUNDLAND -- (Marketwired) -- 11/12/15 -- Rambler Metals and Mining plc, a Canadian copper and gold producer, explorer and developer (TSX VENTURE: RAB) (AIM: RMM) ("Rambler" or the "Company") today reports that it has entered into a definitive agreement with Thundermin Resources Inc. (TSX VENTURE: THR) ("Thundermin") pursuant to which Thundermin will amalgamate with a wholly-owned subsidiary of Rambler (the "Amalgamation"). The Amalgamation will be effected on the basis that the holders of the 116,598,059 issued common shares in the capital of Thundermin will receive 7,142,857 ordinary shares in the capital of Rambler.

The Amalgamation was first announced on 2 September 2015 and will be completed in accordance with the provisions of the Business Corporations Act (Ontario). Thundermin will, on completion of the Amalgamation, become the wholly owned subsidiary of Rambler whereby the current Rambler shareholders will hold approximately 95.3 per cent of the outstanding shares of Rambler and the current Thundermin shareholders will hold approximately 4.7 per cent of the outstanding shares of Rambler.

The definitive amalgamation agreement has been filed on SEDAR under Thundermin's profile. Completion of the Amalgamation remains subject to regulatory approval, including the approval of the TSX Venture Exchange and standard closing conditions, including the approval of Thundermin shareholders. A special meeting of the shareholders of Thundermin has been called for 21 December 2015, with a record date of 23 October 2015.

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