Business
Marlin Gold Obtains Final Order for Arrangement with Golden Reign
Marlin Gold Obtains Final Order for Arrangement with Golden Reign Canada NewsWire ...
About this update from Mako Mining Corp.
[{"type":"text","content":"\n\n\n\nMarlin Gold Obtains Final Order for Arrangement with Golden Reign\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, Nov. 2, 2018\n\n\n\nVANCOUVER, Nov. 2, 2018 /CNW/ - Golden Reign Resources Ltd. (\"Golden Reign\") (TSXV: GRR) and Marlin Gold Mining Ltd. (\"Marlin\") (TSXV:MLN) are pleased to announced that Marlin has been granted the final court order from the Supreme Court of British Columbia approving the plan of arrangement under the Business Corporations Act (British Columbia) (the \"Arrangement\"), pursuant to which and subject to the terms of the Arrangement Agreement date August 3, 2018, between Golden Reign and Marlin (the \"Arrangement Agreement\"), Golden Reign will acquire all of the issued and outstanding common shares of Marlin on the basis set forth in the Arrangement Agreement which is available under each company's SEDAR profile at www.sedar.com. Receipt of the final order following approval of the common share issuance in connection with the Arrangement by Golden Reign shareholders, and approval of the Arrangement by Marlin shareholders at their respective shareholders' meetings held on October 30, 2018.\n\n \n \n\n \nIn addition to the receipt of the final order, 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 will close by November 9, 2018, and upon closing the combined company will be named Mako Mining Corp. and the common shares of the combined company are expected to commence trading on the TSX Venture Exchange under the new trading symbol \"MKO\" within approximately two business days following closing.\nFull details of the Arrangement and certain other matters can be found in the management information circulars of Golden Reign and Marlin, respectively, each dated September 26, 2018, which are available under the applicable company's profile on SEDAR at www.sedar.com. \nA Letter of Transmittal was sent to each registered...