- Corvus Gold (KOR) shareholders have voted overwhelmingly in favour of the acquisition by AngloGold Ashanti Holdings
- The arrangement is expected to close on or around January 18, 2022
- Upon closing, Corvus Gold will be delisted from the TSX and Nasdaq Capital Markets
- Corvus is a North American gold exploration and development company
- Corvus (KOR) opened trading at C$4.09 per share
Corvus Gold (KOR) shareholders have voted overwhelmingly in favour of the acquisition by AngloGold Ashanti Holdings plc.
As previously announced, AngloGold will acquire the remaining 80.5 per cent of the outstanding common shares of Corvus it doesn’t already own.
The arrangement was approved by approximately 99.45 per cent of the common shares voted.
Closing of the arrangement remains subject to obtaining the final order from the Supreme Court of British Columbia. The arrangement is expected to close on or around January 18, 2022. Following completion of the arrangement, common shares of Corvus will be delisted from the Toronto Stock Exchange and Nasdaq Capital Markets.
AngloGold Ashanti is an independent, global gold mining company with a diverse, high-quality portfolio of operations, projects and exploration activities across nine countries on four continents.
Corvus is a North American gold exploration and development company focused on its near-term gold-silver mining projects at North Bullfrog, Lynnda Strip and Mother Lode in the Beatty District of Nevada.
Corvus (KOR) opened trading at C$4.09 per share.