Reunion Gold (TSE:RGD) has released an update.
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Reunion Gold Corporation has announced the upcoming mailing of the joint management information circular for its annual general and special meeting, scheduled for July 9, 2024, where shareholders will vote on a proposed business combination with G Mining Ventures. Shareholders of Reunion Gold will receive shares in the new combined entity, New GMIN, as well as shares in Spinco, with ownership stakes allocated based on the agreement terms. The deal, which requires a two-thirds majority approval, will result in a strategic rearrangement of assets and equity among the involved parties.
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