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Gold Wheaton and Franco-Nevada Announce Shareholder Approval of Arrangement

Mar. 8, 2011 (Canada NewsWire Group) -- VANCOUVER, March 8 /CNW/ - Gold Wheaton Gold Corp. (T...

articleFranco-nevada CorporationMarch 8, 20113/company/franco-nevada-corporation/news/gold-wheaton-and-franco-nevada-announce-shareholder-approval-of-arrangement
Gold Wheaton and Franco-Nevada Announce Shareholder Approval of Arrangement

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[{"type":"text","content":"\n\n\n Mar. 8, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nVANCOUVER, March 8 /CNW/ - Gold Wheaton Gold Corp. (TSX: GLW) ("Gold\n Wheaton") and Franco-Nevada Corporation (TSX: FNV) ("Franco-Nevada")\n announced today that shareholders of Gold Wheaton have approved the\n previously announced plan of arrangement (the "Arrangement") between\n Franco-Nevada and Gold Wheaton.  Total votes cast at the special\n meeting of shareholders represented 129,296,537 common shares of Gold\n Wheaton or 78.91% of the total issued and outstanding common shares of\n Gold Wheaton. In the vote requiring 66 2/3% in favour of the\n Arrangement, 124,787,469 votes were cast FOR, representing 96.51% of\n the votes cast and in the vote requiring a majority of the minority in\n favour of the Arrangement under MI 61-101, 64,134,343 votes were cast\n FOR, representing 93.43% of the votes cast.\n\n\nGold Wheaton will now apply to the Supreme Court of British Columbia for\n a final order (the "Final Order") approving the Arrangement. The\n hearing for the Final Order is expected to take place on March 11,\n 2011. Provided that the Final Order is granted, Gold Wheaton and\n Franco-Nevada expect to complete the Arrangement on or about March 14,\n 2011.\n\n\nAbout Gold Wheaton\n\n\nGold Wheaton Gold Corp. (TSX: GLW) is a gold company with 100% of its\n operating revenue from the sale of gold and precious metals produced by\n others. The streams include production ...

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