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Orford Mining Approaches Shareholder Vote on Alamos Acquisition

Orford Mining Approaches Shareholder Vote on Alamos Acquisition

Orford Mining Corporation (TSE:ORM) has released an update.

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Orford Mining Corporation has dispatched management information and related materials for a special meeting on March 27, 2024, where shareholders will vote on a proposed acquisition by Alamos Gold Inc. This transaction, priced at C$0.10 per share, would see Alamos Gold acquiring all outstanding Orford shares not already in its possession. Orford’s Board of Directors recommends shareholders to vote in favor of the arrangement.

For further insights into TSE:ORM stock, check out TipRanks’ Stock Analysis page.

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