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Element79 Gold Corp. Announces Postponement of Special Meeting of Securityholders in Connection with Previously Announced Plan of Arrangement with Synergy Metals Corp.
(via TheNewswire) VANCOUVER, BC - TheNewswire - May 19, 2026 – Element79 Gold Corp. (CSE: ELEM) (OTC: ELMGF) (FSE: 7YS) (“Element79”, or the “Company”)
About this update from Element79 Gold Corp.
[{"type":"text","content":"(via TheNewswire) VANCOUVER, BC - TheNewswire - May 19, 2026 – Element79 Gold Corp. (CSE: ELEM) (OTC: ELMGF) (FSE: 7YS) (“Element79”, or the “Company”) announces, further to the Company’s news release dated April 28, 2026, that the special meeting (the “Meeting”) of holders of common shares of the Company (“E79 Shareholders”), holders of options to purchase common shares of the Company (“E79 Optionholders”) and holders of warrants to purchase common shares of the Company (“E79 Warrantholders”, and together with the E79 Shareholders and the E79 Optionholders, the “E79 Securityholders”), originally scheduled to be convened at 10:00 a.m. (Vancouver time) on May 21, 2026, has been postponed. Postponement of the Meeting The board of directors of the Company (the “Board”) has determined to postpone the Meeting to a date to be confirmed by the Company by way of a subsequent news release. The postponement applies to the consideration by E79 Securityholders of the special resolution to approve the previously announced plan of arrangement (the “Arrangement”) between the Company and Synergy Metals Corp. (“Synergy”) under the terms of the amended and restated arrangement agreement dated effective April 13, 2026 between the Company and Synergy (the “Arrangement Agreement”). Reasons for the Postponement The Board has resolved to postpone the Meeting in order to permit the Company and Synergy additional time to finalize certain amendments to the proposed Arrangement, the Arrangement Agreement and related ancillary documentation, and to ensure that such amendments are appropriately reflected in amended meeting materials prior to E79 Securityholders being asked to consider and vote on the Arrangement. Amended Meeting Materials, Court Process and Record Date Following finalization of the amendments referred to above, the Company intends to take the following steps: (a) establish a new record date for the postponed Meeting in accordance with the directions of the Court and applicable law; (b) apply to the Supreme Court of British Columbia (the “Court”) for an amended interim order, or such other order as the Court may direct, in respect of the amended Arrangement Agreement and the calling, holding and conduct of the postponed Meeting; (c) prepare and file under the Company’s profile on SEDAR+ at www.sedarplus.ca, and mail to E79 Securityholders of...