Oban Merger Receives Court Approval

A merger between Oban Mining (TSX:OBM), Eagle Hill Exploration (TSXV:EAG) Ryan Gold (TSXV:RYG) and Corona Gold (CSE:CRG) has received court approval from the Ontario Superior Court of Justice.
As quoted in the press release:

As announced by the Parties on August 20, 2015, all requisite shareholder approvals of the Arrangement were received at the special meetings of shareholders of each of the Parties, all of which were held on August 20, 2015. The continuance of Eagle Hill from British Columbia to Ontario also received the required shareholder approval, and was effected on August 20, 2015.
The Arrangement and the concurrent private placement of common shares of Oban to Osisko (the “Osisko Private Placement“) are expected to close on or about August 25, 2015. The Arrangement is subject to, among other things, receiving the requisite stock exchange approvals and to the satisfaction of other customary conditions for a transaction of this nature. It is also expected that the consolidation of the common shares of Oban on the basis of one post-consolidation common share for each 20 pre-consolidation common shares (the “Consolidation“) shall be effected following the effective time of the Arrangement on the date of closing of the Arrangement.

Click here for the full press release.