Probe Gold Progresses with Special Meeting Preparations
The board of directors of Probe Gold Inc. unanimously advocates for shareholders to vote in favor of the proposed plan of arrangement with Fresnillo Quebec Acquisition Inc.
Importance of Your Vote
Every shareholder's vote carries significant weight regardless of the number of shares owned. It is vital to cast your vote well ahead of the voting deadline to ensure your voice is heard.
Special Meeting Details
Probe Gold Inc. has filed its management information circular and is distributing materials related to the special meeting of shareholders. This meeting is essential in connection with the Company’s previously announced arrangement involving cash consideration for its outstanding shares. The Arrangement is designed to enhance liquidity and provide certainty of value for shareholders.
Meeting Agenda
The special meeting is scheduled for January 13, 2026, at 11:00 a.m. in Toronto. To participate, shareholders must be recorded as of November 27, 2025. They will vote on a special resolution to approve the arrangement.
Key Benefits of the Arrangement
The proposal includes several compelling reasons that back this arrangement:
- Immediate Liquidity: The all-cash consideration of $3.65 per share gives shareholders an opportunity to realize their investments without further market volatility.
- Premium Value: This offer represents a notable premium of about 39% to the last closing share price before the announcement, ensuring shareholders can benefit significantly.
- Shareholder Support: Major stakeholders, including Eldorado Gold Corporation, have committed to voting in favor of this arrangement, signaling strong backing for this initiative.
- Stability with Parent Company: The credibility and financial strength of the parent company to complete the transaction provide assurance for all parties involved.
- Professionally Backed Decisions: Fairness opinions from Canaccord Genuity Corp. and CIBC World Markets assure shareholders of the financial fairness of this Arrangement.
- Thorough Review Process: The comprehensive strategic review conducted, which evaluated multiple proposals, reinforces the board's determination that this arrangement is in the best interest of shareholders.
Voting and Assistance
It is strongly encouraged for all shareholders to thoroughly review the circular and cast their votes as per the outlined instructions. The deadline for proxy voting is set for January 9, 2026. Assistance regarding voting can be sought from Probe Gold’s proxy solicitation agent, Laurel Hill Advisory Group.
Contact Information for Voting Help
Shareholders looking for guidance can reach Laurel Hill Advisory Group at:
Telephone: 1-877-452-7184 (North America) or 1-416-304-0211 (International)
Text Message: Send 'Info' to 1-416-304-0211
Email: assistance@laurelhill.com
About Probe Gold Inc.
Probe Gold Inc. is a prominent gold exploration company in Canada, committed to uncovering and developing high-potential gold properties. The company's flagship project, the Novador Gold Project, showcases its dedication to long-term growth and sustainability in the gold sector. With a robust land portfolio and a team of dedicated professionals, the company is well-positioned to advance its exploration ambitions.
On behalf of Probe Gold Inc.,
Dr. David Palmer,
President & Chief Executive Officer
Frequently Asked Questions
What is the purpose of the special meeting?
The special meeting is convened for shareholders to vote on the proposed arrangement with Fresnillo Quebec Acquisition Inc., designed to provide cash consideration for the shares.
When is the deadline to vote?
The proxy voting deadline is 11:00 AM on January 9, 2026.
How can shareholders participate in the meeting?
Shareholders recorded as of November 27, 2025, are eligible to attend and vote in person at the meeting scheduled for January 13, 2026.
What are the key benefits of the proposed arrangement?
The arrangement offers immediate cash liquidity, a significant premium to market price, and backing from major shareholders, enhancing stability and value for all investors.
Who can shareholders contact for more information?
Shareholders can contact Laurel Hill Advisory Group for assistance with voting or any queries related to the meeting.
