Calvista Gold Corporation (TSX:CVZ,OTCQX:CAGOF) announced that shareholders and in-the-money warrantholders overwhelmingly approved the arrangement with AUX Canada Acquisition 3 Inc. where AUX will acquire all issued and outstanding common shares of Calvista Gold.
As quoted in the press release:
The resolution approving the Arrangement was approved by 100% of the votes cast by shareholders and in-the-money warrantholders (voting as a single class) present in person or by proxy at the Meeting, 100% of the votes cast by minority shareholders, and 100% of the votes cast by shareholders.
Calvista Gold Corporation Chief Executive Officer, Mr. Mark Haywood said:
The Board and Management are very pleased with the outcome of the arrangement with AUX and the overwhelming unanimous support of the votes cast. As I complete my service to Calvista early next week as its President & CEO, it has been my pleasure to manage Calvista, its dedicated and loyal workforce, and return significant value to all our shareholders and Colombian stakeholders.
Nexus Gold Corp. (TSXV:NXS) is currently drilling on the Walker Ridge Gold Project in Nevada - a multiple target, Carlin-type gold exploration property. They have recently submitted an expanded Plan to increase the current 8 pad plan to 29 drill pads.
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