Argonaut Gold (TSE:AR) has released an update.
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Argonaut Gold Inc. has obtained the necessary approvals from both the Mexican Federal Economic Competition Commission and the Ontario Superior Court of Justice for its arrangement with Alamos Gold Inc. This finalizes the regulatory and court requirements for the merger, set to close in mid-July, where Argonaut shareholders will receive shares of both Alamos Gold and a new company, Florida Canyon Gold Inc., housing Argonaut’s North American assets.
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