Business
Spinout of Leviathan Gold Ltd. Shares to Fosterville South Shareholders Approved by Shareholders
Spinout of Leviathan Gold Ltd. Shares to Fosterville South Shareholders Approved by Share...
About this update from Great Pacific Gold Corp.
[{"type":"text","content":"\n \n \n \n Spinout of Leviathan Gold Ltd. Shares to Fosterville South Shareholders Approved by Shareholders\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 \n \n \n \n \n \n Canada NewsWire\n \n \n VANCOUVER, BC, Nov. 13, 2020\n \n \n \n \n \n \n Shareholders Overwhelmingly Approve the Plan of Arrangement involving the Spinout of the Avoca and Timor Properties\n \n \n \n \n \n \n Effective Date of the Arrangement, subject to Final Court Approval,\n \n November 23, 2020\n \n \n \n \n \n \n \n Proposal is that for every common share held of Fosterville South Exploration, shareholders in all jurisdictions will receive a common share of Leviathan Gold Corp.\n \n \n \n \n \n \n All other matters at the annual and general meeting of the Company were approved\n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n Nov. 13, 2020\n \n /CNW/ - Fosterville South Exploration Ltd. (\"\n \n FSX\n \n \" or the \"\n \n Company\n \n \") (TSXV: FSX) (OTC: FSXLF) (\n \n Germany\n \n : 4TU) announces that all matters voted on at the annual general and special meeting of shareholders of the Company (the \"\n \n Meeting\n \n \") held on\n \n November 13\n \n , 20101 were approved, including, the special resolution with respect to an arrangement (the \"\n \n Arrangement\n \n \") pursuant to which the Company will spin-out its Avoca and Timor properties to Leviathan Gold Ltd. (\"\n \n Leviathan\n \n \").\n \n \n \n \n \n \n \n \n \n Subject to obtaining the final approval of the Court (\"\n \n Final Court Approval\n \n \") following the Meeting and subject to the procedures of the TSX Venture Exchange (the \"\n \n TSXV\n \n \"), the Company expects the effective date of the Arrangement to occur on\n \n November 23, 2020\n \n . Following the date the Company obtains the Final Approval, the Company will, following confirmation of the TSXV,  issue a press release advising Shareholders of the Effective Date.\n \n \n On the Effective Date of the Arrangement, each existing common share of the Company will be exchanged for (i) one new common share of the Company and (ii) one common share of Leviathan.\n \n \n Inve...