The TSX Venture Exchange has accepted for filing Artha Resources Corp.'s reverse takeover and related transactions, all as principally described in its information circular dated April 24, 2015. The RTO includes the acquisition of 100 per cent of the issued and outstanding shares of Cardero Argentina SA.

On March 27, 2015, Artha entered into a share purchase agreement with Cardero Resource Corp. and Cardero Argentina whereby it agreed to purchase all of the issued and outstanding Cardero Argentina shares in consideration of the issuance of 23,743,781 common shares of Artha to Cardero Resource.

Cardero Argentina was incorporated in Argentina on Sept. 6, 2002, and has carried on an active exploration business since its formation. Cardero Argentina is a wholly owned subsidiary of Cardero Resource, a British Columbia company, which is a reporting issuer and whose common shares are listed for trading on the Toronto Stock Exchange.

Cardero Argentina's assets include the Organullo property which it owns 100 per cent with no underlying royalty interests or back-in rights and the Mina Angela property, a past-producing property located in Chubut province, Argentina.

The exchange has been advised that Artha's acquisition of Cardero Argentina and the related transactions have received shareholder approval and have been completed as of June 18, 2015.