Anthem MD&A

From the MD&A March 31, 2014:

"Anthem owns 27,250,000 shares of Boss Power, which represent 35.6% of the company on a fully diluted basis, excluding the 2,000,000 shares to be cancelled. If Boss Power completes its reorganization and separates from the Beruschi Parties, Anthem is likely to become the majority shareholder of Boss Power.

The Arrangement, if approved by Boss Power shareholders, will effect a division of the settlement proceeds by way of a newly incorporated spin out corporation (“Newco”) that will receive $0.322 of cash per share for shareholders that elect to become shareholders of Newco rather than of Boss Power. It is expected that all Beruschi Parties will elect to become shareholders of Newco. Other Boss Power shareholders that do not elect to become shareholders of Newco will continue to be shareholders of Boss Power, which will have as its primary assets the balance of the proceeds from the Blizzard Settlement, estimated to have a cash value of $0.369 per share following the completion of the Arrangement, prior to any transaction related expenses. Assuming that only the Beruschi Parties elect to become shareholders of Newco, Boss Power would retain approximately $19,525,958 of the Blizzard Settlement proceeds prior to the payment of any transaction related expenses."

Anthem Resources used to be listed as: "Virginia Energy" It looks like a payout should Berushi parties accept newco shares and to be severed from Anthem and Boss Power.

http://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00008986

If you want an idea just how long ago exploration was engaged in the mill area, read the following:

http://www.anthemresourcesinc.com/s/NewsReleases.asp?ReportID=550115&_Type=News-Releases&_Title=Santoy-Provides-Exploration-and-Development-Update-Saskatchewan-Gold-Projec...

-F6