Macmillan Minerals Shareholder's Overwhelmingly Approve Plan of Arrangement

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[{"type":"text","content":"Macmillan Minerals Shareholder's Overwhelmingly Approve Plan of Arrangement(via Thenewswire.ca)\n \n \nTORONTO, CANADA / TheNewswire / June 22, 2016 - MacMillan Minerals Inc. (TSXV: MMX) (\"MacMillan\" or the \"Company\") is pleased to announce that the previously announced plan of arrangement (the \"Arrangement\") involving the Company, Pan American Silver Corp. (\"Pan American\") and Maverix Metals Inc. (\"Maverix\") has been approved by the holders of the Company's common shares (the \"MacMillan Shares\"). The Company held an annual special and general meeting of the Company's shareholders on June 17, 2016 (the \"Meeting\") at which, among other items, 99.96% of the MacMillan Shares represented at the Meeting were voted in favour of the Arrangement.\n\n \n \nPursuant to the terms of the Arrangement, MacMillan is to acquire all of the issued and outstanding securities of Maverix. Concurrently, MacMillan will purchase a package of thirteen royalties, precious metals streams and payment agreements from Pan American.\n\n \n \nThe Company intends to apply for a final order approving the Arrangement by the Supreme Court of British Columbia on June 24, 2016. Assuming the final order is received and all other terms and conditions of the Arrangement are met, it is expected that the Arrangement will close shortly thereafter.\n\n \n \nIn addition to approving the Arrangement, MacMillan's shareholders also elected Mr. Geoff Burns, Mr. J.C. Stefan Spicer, Dr. Christopher Barnes, Mr. Rob Doyle, Mr. Christopher Emerson, and Mr. George Brown to serve as Directors of the Company until the next meeting of shareholders. At the same meeting the proposed share consolidation of one new MacMillan common share for each two old common shares was also approved. \n\n \n \nOn closing of the Arrangement, MacMillan will be renamed \"Maverix Metals Inc.\" and will continue to be listed as MMX on the TSX Venture Exchange.\n\n \n \nFinally, MacMillan would like to take this opportunity to thank Mr. Thomas Skimming, Mr. William Danis, Mr. Joseph Del Campo, and Ms. Carmen Yuen for their past service as directors and officers of the Company.\n\n \n \nInformation about MacMillan\n\n\n \nAdditional information on the Company can be viewed at www.sedar.com \n\n \n \nFor additional information, contact: Tel: (416) 867-1101 Fax: (416) 867-1222\n\n\n \nEmail: macmill...

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