Orogen Royalties (OGNRF) announced that Institutional Shareholder Services and other similar advisory firms have each recommended that Orogen shareholders vote “FOR” the Arrangement Resolution with Triple Flag Precious Metals (TFPM) to be approved at the upcoming Annual General and Special Meeting of Shareholders to be held on Friday, June 27, 2025 at 10:00 a.m. In making their recommendation, ISS commented: “The variable cash form of consideration provides certain and immediate value for investors, and a liquidation opportunity which might not otherwise be possible, while the TFPM share consideration provides an opportunity for additional upside through ownership in the combined company. The board appears to have conducted a robust market check process, the market reaction was favourable, and the Arrangement is supported by an independent fairness opinion.” The board of directors of Orogen unanimously recommends that Shareholders vote “FOR” the Arrangement Resolution.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TFPM:
- Orogen files management information circular for Annual, Special Meeting
- Elliott buys Equinix, exits NRG in Q1
- Triple Flag’s Q1 2025 Earnings: Record Results & Strategic Moves
- Triple Flag Elects Directors and Secures Shareholder Support
- Triple Flag price target raised to C$34 from C$33.50 at Raymond James
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue