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Posted On: 07/15/2024 4:15:09 PM
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NetworkNewsBreaks – Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF) Announces Completion of Business Combination with G Mining Ventures
Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF), a leading gold explorer in the Guiana Shield, has completed its business combination with G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF). The business combination was completed through a court-approved plan of arrangement under the Canada Business Corporations Act after GMIN shareholders and Reunion Gold securityholders approved the plan; the Ontario Superior Court of Justice also approved the transaction. According to the announcement, a newly incorporated successor issuer will hold and manage the combined business of GMIN and Reunion Gold and has acquired all of the issued and outstanding common shares in the capital of GMIN and all of the issued and outstanding common shares in the capital of Reunion Gold. GMIN officials noted that Oko West, an exciting new greenfield gold discovery in Guyana, will play an important role in realizing the company’s vision of becoming a leading intermediate gold producer. “We are pleased with the completion of the business combination and look forward to following the advancement of the Oko West project to production,” said Reunion Gold president, CEO and director Rick Howes in the press release. “I would like to recognize the Reunion Gold team’s effort and shareholders’ continued support allowing us to rapidly advance Oko West from discovery to development in just over three years. We are confident that Oko West will provide a key contribution to GMIN’s vision of becoming a leading intermediate gold producer and will benefit Guyana and all stakeholders.”
NOTE TO INVESTORS: The latest news and updates relating to RGDFF are available in the company’s newsroom at https://nnw.fm/RGDFF
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF), a leading gold explorer in the Guiana Shield, has completed its business combination with G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF). The business combination was completed through a court-approved plan of arrangement under the Canada Business Corporations Act after GMIN shareholders and Reunion Gold securityholders approved the plan; the Ontario Superior Court of Justice also approved the transaction. According to the announcement, a newly incorporated successor issuer will hold and manage the combined business of GMIN and Reunion Gold and has acquired all of the issued and outstanding common shares in the capital of GMIN and all of the issued and outstanding common shares in the capital of Reunion Gold. GMIN officials noted that Oko West, an exciting new greenfield gold discovery in Guyana, will play an important role in realizing the company’s vision of becoming a leading intermediate gold producer. “We are pleased with the completion of the business combination and look forward to following the advancement of the Oko West project to production,” said Reunion Gold president, CEO and director Rick Howes in the press release. “I would like to recognize the Reunion Gold team’s effort and shareholders’ continued support allowing us to rapidly advance Oko West from discovery to development in just over three years. We are confident that Oko West will provide a key contribution to GMIN’s vision of becoming a leading intermediate gold producer and will benefit Guyana and all stakeholders.”
NOTE TO INVESTORS: The latest news and updates relating to RGDFF are available in the company’s newsroom at https://nnw.fm/RGDFF
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
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