Seems we have a new entity on the scene. Also some new terminology - "Plan of Arrangement" and "Arrangement". Interesting.

While the Galway "Plan of Arrangement" was going down, there was another "Arrangement" also taking place involving AUX Acquisition 3 S.A.R.L. and 2346408 Ontario Inc. (collectively, "AUX") and Calvista Gold (CVZ.t).

Calvista Gold Corporation Announces Combination with AUX Acquisition 3 S.A.R.L.

TORONTO, ONTARIO--(Marketwire - Oct. 19, 2012) - Calvista Gold Corporation (TSX:CVZ)(OTCQX:CAGOF) ("Calvista" or the "Company") is pleased to announce today that it has entered into an arrangement agreement with AUX Acquisition 3 S.A.R.L. and 2346408 Ontario Inc. (collectively, "AUX") pursuant to which AUX has agreed to acquire all of the issued and outstanding common shares ("Common Shares") and the in-the-money warrants to acquire Common Shares ("Warrants") of Calvista by way of a statutory plan of arrangement under the Business Corporations Act (Ontario) (the "Arrangement") at a price (the "Offer Price") of C$1.10 per Common Share in cash, and pay the in-the-money value for the outstanding options.

The Offer Price represents a significant premium of 62% to the closing price of Calvista's Common Shares of $0.68 on October 18, 2012, and a premium of 100% to the ten day volume weighted average trading price of $0.55 for the ten trading days preceding the announcement of the Arrangement. It is anticipated that the Arrangement will close on or before December 31, 2012.........

http://www.marketwire.com/press-release/calvista-gold-corporation-announces-combination-with-aux-acquisition-3-sarl-tsx-cvz-1715624.htm

Apparantly AUX Canada, is a subsidiary of Brazilian billionaire Eike Batista's EBX Group.