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G Mining Ventures Announces Closing of Private Placements and Receipt of Final Order for Arrangement with Reunion Gold
G Mining Ventures Announces Closing of Private Placements and Receipt of Final Order for Arrangem...
About this update from G Mining Ventures Corp
[{"type":"text","content":"\n \n \n \n G Mining Ventures Announces Closing of Private Placements and Receipt of Final Order for Arrangement with Reunion Gold\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntar{\nTEXT-ALIGN: RIGHT\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n.prntaj{\nTEXT-ALIGN: JUSTIFY\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n TSX\n \n \n : GMIN\n \n \n \n OTCQX\n \n \n : GMINF\n \n \n \n \n \n All amounts are in USD unless stated otherwise\n \n \n \n \n \n \n $50 million\n \n private placements with La Mancha and Franco-Nevada has closed on\n \n July 12\n \n \n th\n \n , 2024\n \n \n Ontario Superior Court has granted the final order approving the Arrangement with Reunion Gold\n \n \n Arrangement is expected to close on or around\n \n July 15, 2024\n \n \n \n \n \n \n BROSSARD, QC\n \n \n ,\n \n \n July 12, 2024\n \n \n /CNW/ -\n \n G Mining Ventures Corp.\n \n (\"\n \n GMIN\n \n \" or the \"\n \n Corporation\n \n \") (TSX: GMIN) (OTCQX: GMINF) is pleased to announce that it has closed its previously announced private placements with La Mancha Investments S.à r.l. (\"\n \n La Mancha\n \n \" and such private placement, the \"\n \n La Mancha Private\n \n \n Placement\n \n \") and Franco-Nevada Corporation (\"\n \n Franco-\n \n Nevada\n \n \n \" and such private placement, together with the La Mancha Private Placement, the \"\n \n Private Placements\n \n \") pursuant to which it has issued 15,114,250 common shares in the capital of GMIN (\"\n \n Common Shares\n \n \") to each of La Mancha and Franco-Nevada, at a price of\n \n C$2.279\n \n per share, for aggregate proceeds of\n \n $50 million\n \n . These shares are subject to a hold period which will expire on\n \n November 13, 2024\n \n , in accordance with applicable Canadian securities laws.\n \n \n \n \n \n \n \n \n \n GMIN is also pleased to announce that the Ontario Superior Court of Justice (Commercial List) has granted a final order dated\n \n July 11, 2024\n \n approving the plan of arrangement (the \"\n \n Arrangement\n \n \") between,\n \n inter alia\n \n , GMIN and Reunion Gold Corporation (\...