Shareholders Approve Creation of Equinox Gold Out of Trek, NewCastle and Anfield

Gold Investing

Trek Mining Inc. (TSXV:TREK), NewCastle Gold Ltd. (TSX:NCA) and Anfield Gold Corp. (TSXV:ANF) announced that NewCastle and Anfield shareholders have approved a deal under which Trek will acquire NewCastle and Anfield to create Equinox Gold Corp., a new company.

Trek Mining Inc. (TSXV:TREK), NewCastle Gold Ltd. (TSX:NCA) and Anfield Gold Corp. (TSXV:ANF) announced that NewCastle and Anfield shareholders have approved a deal under which Trek will acquire NewCastle and Anfield to create Equinox Gold Corp., a new company.
As quoted in the press release:

The Transaction was approved by 93.3% of the votes cast by NewCastle shareholders, and 91.0% of the votes cast by NewCastle shareholders excluding the votes cast in respect of shares held by parties required to be excluded pursuant to applicable securities laws. The Transaction was also approved by 99.9% of the votes cast by Anfield shareholders, and 99.7% of the votes cast by Anfield shareholders excluding the votes cast in respect of shares held by parties required to be excluded pursuant to applicable securities laws.
All other matters voted on at the respective meetings were also passed, including the continuance of NewCastle from the jurisdiction of Ontario to the jurisdiction of British Columbia (the “NewCastle Continuation”) and the sale by Anfield of its Coringa gold project. Following approval by its shareholders of the NewCastle Continuation, NewCastle completed the NewCastle Continuation and is now governed under the Business Corporations Act (British Columbia).
The Supreme Court of British Columbia (the “Court”) hearing for the final order to approve the Transaction is expected to occur on December 21, 2017 and closing of the Transaction is expected to occur on December 22, 2017, subject to final approval by the TSX Venture Exchange (“TSX-V”) and the Court.

Click here to read the full Trek Mining Inc. (TSXV:TREK), NewCastle Gold Ltd. (TSX:NCA) and Anfield Gold Corp. (TSXV:ANF) press release.

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