Mako Announces Goldsource Securityholder Approval of the Arrangement Transaction and Provides Corporate Update

About this update from Mako Mining Corp.

[{"type":"text","content":"Mako Announces Goldsource Securityholder Approval of the Arrangement Transaction and Provides Corporate UpdateVANCOUVER, BC / ACCESSWIRE / June 26, 2024 / Mako Mining Corp. (TSXV:MKO);(OTCQX:MAKOF) (\"Mako\" or the \"Company\") is pleased to announce that securityholders of Goldsource Mine Inc. (\"Goldsource\") have approved the plan of arrangement transaction with Mako at the special meeting of securityholders of Goldsource held on June 21st, 2024, with over 97% approval on all votes held.It is expected that Goldsource will receive the final order of the Supreme Court of British Columbia at a hearing scheduled for June 26th, 2024, and closing of the transaction will occur on or about July 3rd, 2024, subject to the satisfaction or waiver of all remaining closing conditions.Corporate UpdateUpon closing of the plan of arrangement, Rael Lipson will step down as a director of Mako, and current Goldsource director Laurie Gaborit will fill such vacancy. Ms. Gaborit has over 30 years of combined work experience in mineral exploration, investor relations and corporate communications. She is currently Vice-President Investor Relations for Dore Copper Mining Corporation and serves on the board of directors for Monarch Gold Corporation and Gold Terra Resource Corporation. Ms. Gaborit was Vice-President Investor Relations for Detour Gold Corp, where she was a key member of the management team from the company's initial public offering in 2007 to its successful transformation to intermediate gold producer. Prior to this, Ms. Gaborit provided strategic investor relations and corporate communications services to a number of junior mining companies. In 2019, she was the recipient of the CIRI Belle Mulligan Award for leadership in investor relations. Ms. Gaborit started her career as a geologist for Aur Resources, Cambior, and Romarco Minerals. She holds a Bachelor of Science in Geology (Honours).Mr. Lipson will assume a technical advisory role for the board of directors of Mako based on his extensive history and experience with the San Albino project. The board proposes to extend the expiry of Mr. Lipson's 20,000 stock options having a strike price of C$5.10 beyond the standard 90 days following his resignationfor a period of one year.Mako also announces that Millie Paredes will step down as Chief Financial Officer and Corporate Secretary of th...

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