Mining News

Corvus shareholders give green light for takeover by AngloGold

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TSX-listed Corvus Gold says the majority of its shareholders voted in favour of the proposed deal whereby AngloGold Ashanti intends to acquire the remaining 80.5% of shares of Corvus it does not own for about $370-million. Pending court approvals and customary approvals, the companies expect the transaction to be effective on or around January 18, at which time Corvus will be delisted from the TSX and Nasdaq.

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