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Monarch Gold Corp.: Monarch Gold Announces Securityholder Approval of the Arrangement with Yamana Gold

Monarch Gold Corp.: Monarch Gold Announces Securityholder Approval of the Arrangement with Yamana Gold
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Christian Pichette , Laurie Gaborit , Michel Bouchard , Jean Marc Lacoste , Elisabeth Tremblay , Guylaine Daigle , Yohann Bouchard , Order Of The Superior Court , Yamana Gold Corporation , Communications Specialist , Corporate Development , Monarch Gold Corp , Toronto Stock Exchange , Canada Business Corporation Act The Arrangement , Monarch Mining Corporation Spinco , Canada Business Corporation Act , Monarch Mining Corporation , Arrangement Resolution , Special Meeting , Canadian Multilateral Instrument , Minority Security Holders , Superior Court , Commercial Division , Final Order , Although Monarch , Marc Lacoste ,

Monarch Gold Announces Securityholder Approval of the Arrangement with Yamana Gold - Press Release

MONTREAL, QC / ACCESSWIRE / December 30, 2020 / MONARCH GOLD CORPORATION (
Monarch or the
Shareholders ) and optionholders (collectively with the Shareholders, the
Securityholders ) have approved the resolution (the
Arrangement Resolution ) authorizing the previously announced plan of arrangement under the
Canada Business Corporation Act (the
Arrangement ). Pursuant to the Arrangement, Yamana Gold Corporation (
Yamana ) will acquire the Wasamac property and the Camflo property and mill through the acquisition of all of the outstanding common shares of Monarch (other than the common shares already owned by Yamana) for total consideration of approximately C$200 million or C$0.63 per Monarch share on a fully-diluted basis. Under the Arrangement, Monarch will first complete a spin-out to its Shareholders through a newly-formed company, Monarch Mining Corporation ( ....

Christian Pichette , Laurie Gaborit , Michel Bouchard , Jean Marc Lacoste , Elisabeth Tremblay , Guylaine Daigle , Yohann Bouchard , Order Of The Superior Court , Yamana Gold Corporation , Communications Specialist , Corporate Development , Monarch Gold Corp , Toronto Stock Exchange , Canada Business Corporation Act The Arrangement , Monarch Mining Corporation Spinco , Canada Business Corporation Act , Monarch Mining Corporation , Arrangement Resolution , Special Meeting , Canadian Multilateral Instrument , Minority Security Holders , Superior Court , Commercial Division , Final Order , Although Monarch , Marc Lacoste ,

Monarch Gold Announces Securityholder Approval of the Arrangement with Yamana Gold

Monarch Gold Announces Securityholder Approval of the Arrangement with Yamana Gold
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MONARCH GOLD CORPORATION (
Shareholders ) and optionholders (collectively with the Shareholders, the
Securityholders ) have approved the resolution (the
Arrangement Resolution ) authorizing the previously announced plan of arrangement under the
Canada Business Corporation Act (the
Arrangement ). Pursuant to the Arrangement, Yamana Gold Corporation (
Yamana ) will acquire the Wasamac property and the Camflo property and mill through the acquisition of all of the outstanding common shares of Monarch (other than the common shares already owned by Yamana) for total consideration of approximately C$200 million or C$0.63 per Monarch share on a fully-diluted basis. Under the Arrangement, Monarch will first complete a spin-out to its Shareholders through a newly-formed company, Monarch Mining Corporation ( ....

Christian Pichette , Laurie Gaborit , Michel Bouchard , Jean Marc Lacoste , Guylaine Daigle , Yohann Bouchard , Order Of The Superior Court , Toronto Stock Exchange , Monarch Gold Corporation , Canada Business Corporation Act The Arrangement , Yamana Gold Corporation , Monarch Mining Corporation Spinco , Canada Business Corporation Act , Monarch Mining Corporation , Arrangement Resolution , Special Meeting , Canadian Multilateral Instrument , Minority Security Holders , Superior Court , Commercial Division , Final Order , Although Monarch , கிறிஸ்துவர் பிசேத்தே , மைக்கேல் பூச்சார்ட் , ஜீன் மார்க் லாகோஸ்ட் , குயிலைநே டைக்லெ ,