NetworkNewsBreaks – Reunion Gold (TSX.V: RGD) (O

NetworkNewsBreaks – Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF) Receives Final Court Approval for New GMIN Plan of Arrangement

Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF), a leading gold explorer in the Guiana Shield, has received the final order from the Ontario Superior Court of Justice (Commercial List) approving the company’s previously announced plan of arrangement. According to the announcement, the company has formed a new entity and been incorporated; the new company will hold and manage the combined business of Reunion Gold and G Mining Ventures Corp. The transaction involves the new company acquiring all of the issued and outstanding common shares in the capital of Reunion Gold and all of the issued and outstanding common shares in the capital of GMIN. As a result, for each Reunion Gold share held, a holder will receive 0.07125 of a common share of the new GMIN and 0.05 of a common share of Greenheart Gold Inc., a newly created gold explorer. Holders of GMIN shares will receive 0.25 of a new GMIN share for each GMIN share held. The company noted that all conditions for the arrangement have been met or waived, and completion of the arrangement is anticipated by July 15, 2024.

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