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Integra Gold and Eldorado Gold Complete Plan of Arrangement
Jul. 10, 2017 08:46AM PST
Precious MetalsIntegra Gold Corp. (TSX-V: ICG; OTCQX: ICGQF) (“Integra” or the “Company”) is pleased to announce the successful completion of the plan of arrangement (the “Arrangement”) by Eldorado Gold Corporation (“Eldorado”) (TSX: ELD; NYSE: EGO) originally announced on May 15, 2017. The Arrangement was approved by the shareholders of Integra at its special meeting on July 4, 2017 and received …
Integra Gold Corp. (TSX-V: ICG; OTCQX: ICGQF) (“Integra” or the “Company”) is pleased to announce the successful completion of the plan of arrangement (the “Arrangement”) by Eldorado Gold Corporation (“Eldorado”) (TSX: ELD; NYSE: EGO) originally announced on May 15, 2017. The Arrangement was approved by the shareholders of Integra at its special meeting on July 4, 2017 and received approval from the Supreme Court of British Columbia on July 7, 2017.
As quoted in the press release:
Pursuant to the Arrangement, Integra shareholders will collectively receive, for all the issued common shares of Integra that Eldorado did not already own, approximately CAD$129 million cash and 77 million common shares of Eldorado (representing approximately 10% of the total issued common shares of Eldorado, post-completion of the Arrangement).
