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Mines D'Or Orbec Inc. Securityholders Approve Acquisition by IAMGOLD Corporation

Toronto, Ontario--(Newsfile Corp. - December 15, 2025) - Mines D'Or Orbec Inc. (TSXV: BLUE) (OTC Pink: BLTMF) ("Orbec" or the "Company") is pleased to announce that at its special meeting of shareholders (the "Shareholders"), holders of incentive stock options ("Optionholders"), and holders of common share purchase warrants ("Warrantholders", and together with the Shareholders and Optionholders, "Securityholders") held today (the "Meeting"), Securityholders approved the special resolution...

articleIamgold CorporationDecember 15, 20255/company/iamgold/news/mines-dor-orbec-inc-securityholders-approve-acquisition-by-iamgold-corporation
Mines D'Or Orbec Inc. Securityholders Approve Acquisition by IAMGOLD Corporation

About this update from Iamgold Corporation

[{"type":"text","content":"Toronto, Ontario--(Newsfile Corp. - December 15, 2025) - Mines D'Or Orbec Inc. (TSXV: BLUE) (OTC Pink: BLTMF) ("Orbec" or the "Company") is pleased to announce that at its special meeting of shareholders (the "Shareholders"), holders of incentive stock options ("Optionholders"), and holders of common share purchase warrants ("Warrantholders", and together with the Shareholders and Optionholders, "Securityholders") held today (the "Meeting"), Securityholders approved the special resolution authorizing the proposed acquisition of Orbec by IAMGOLD Corporation ("IAMGOLD") (NYSE: IAG) (TSX: IMG), pursuant to a statutory plan of arrangement under Section 182 of the Business Corporations Act (Ontario) (the "Arrangement").","length":818,"tagName":"p"},{"type":"text","content":"The special resolution approving the Arrangement was approved by (i) 99.96% of the votes cast by Shareholders present in person (virtually) or represented by proxy and entitled to vote at the Meeting, (ii) 99.97% of the votes cast by Shareholders, Optionholders and Warrantholders, voting together as a single class, present in person (virtually) or represented by proxy and entitled to vote at the Meeting, and (iii) 99.93% of the votes cast by Shareholders present in person (virtually) or represented by proxy and entitled to vote at the Meeting other than the votes cast by holders of common shares of the Company (each an "Orbec Share") required to be excluded pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions. A total of 58,372,757 votes were cast by Shareholders, representing approximately 53.59% of the votes attached to all the issued and outstanding Orbec Shares as at the record date of the Meeting.","length":986,"tagName":"p"},{"type":"text","content":"Under the terms of the Arrangement, each Shareholder (other than IAMGOLD and Shareholders validly exercising their dissent rights) will receive total consideration representing a value of $0.125 per Orbec Share, which consists of an aggregate of (i) 0.003466 of a common share of IAMGOLD and (ii) $0.0625 per each Orbec Share in cash. In-the money Options of Orbec (each an "Orbec Option"), whether vested or unvested, will, without any further...

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IAMGOLD CorporationMines D'Or Orbec Inc.