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Golden Reign Shareholders Overwhelmingly Approve the Share Issuance to the Shareholders of Marlin Gold Mining Ltd. under Arrangement
Golden Reign Shareholders Overwhelmingly Approve the Share Issuance to the Shareholders of...
About this update from Mako Mining Corp.
[{"type":"text","content":"\n\n\n\nGolden Reign Shareholders Overwhelmingly Approve the Share Issuance to the Shareholders of Marlin Gold Mining Ltd. under Arrangement\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\nCanada NewsWire\nVANCOUVER, Oct. 31, 2018\n\n\n\nVANCOUVER, Oct. 31, 2018 /CNW/ - Golden Reign Resources Ltd. (\"Golden Reign\" or the \"Company\") (TSXV:GRR), is pleased to announced that Golden Reign Shareholders who were eligible to vote on the matter at the Annual and Special Meeting of Shareholders of the Company held on October 30, 2018 (the \"Meeting\") overwhelmingly approved the issuance of Golden Reign common shares (the \"Golden Reign Shares\") in connection with the Company's previously announced plan of arrangement (the \"Arrangement\") to acquire 100% of the issued and outstanding common shares of Marlin Gold Mining Ltd. (\"Marlin\").\n\n \n \n\n \nOf the total number of eligible Golden Reign Shares represented at the meeting (which excluded the Golden Reign Shares held by Marlin), approximately 99.9% were voted FOR the ordinary resolution to approve the issuance of Golden Reign Shares in connection with the Arrangement.  Each of Marlin and Sailfish Royalty Corp. (\"Sailfish\") also held their respective shareholder meetings on October 30, 2018, at which eligible shareholders of Marlin voted in favour of the special resolution approving the Arrangement and eligible shareholders of Sailfish voted in favour of, among other things, the special resolution approving the entering into of the previously announced amended and restated gold stream agreement with Golden Reign and Marlin, which is a condition to completion of the Arrangement.\nMarlin intends to seek a final order approving the Arrangement from the Supreme Court of British Columbia at a hearing to be held on November 1, 2018. In addition to the approval of the court, the Arrangement is subject to satisfaction of all other terms and conditions to the Arrangement.  It is currently expected that, subject to receipt of all necessary approvals and satisfaction of all terms and conditions, the Arrangement ...