Business
South Atlantic Gold Announces Termination of Amalgamation Agreement
(TheNewswire) Vancouver, B.C. – TheNewswire - June 27, 2025 – South A...
About this update from South Atlantic Gold, Inc.
[{"type":"text","content":"South Atlantic Gold Announces Termination of Amalgamation Agreement\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Vancouver, B.C. –\n \n\n TheNewswire -\n \n\n June 27, 2025 – South Atlantic Gold Inc.\n \n\n (“\n \n\n South Atlantic\n \n\n ” or the “\n \n\n Company\n \n\n ”\n \n\n ) (TSX-V:\nSAO)\n \n\n , announces that shareholders did not\napprove its previously announced amalgamation with ValOre Metals Corp.\n(“\n \n\n Valore\n \n\n ”) at the Company’s shareholder meeting held earlier\ntoday (the “\n \n\n Meeting\n \n\n ”).  Following the Meeting, Valore\nand the Company mutually agreed to terminate the amalgamation\nagreement and consequently the amalgamation will not proceed.\n \n\n South Atlantic will continue to evaluate and\nreview alternative opportunities to enhance shareholder value.\n \n\n\n\n About South Atlantic Gold Inc.\n \n\n\n\n South Atlantic is an exploration company engaged in\nacquiring and advancing mineral properties in the Americas.  For\nfurther information, please visit our website at\n \n\n\n\n www.southatlanticgold.com\n \n\n\n\n .\n \n\n\n\n ON BEHALF OF THE BOARD\n \n\n\n\n Douglas Meirelles, President and CEO\n \n\n\n\n For more information regarding this\nnews release, please contact:\n \n\n\n\n Douglas Meirelles, President and CEO\n \n\n\n\n T: 250-762-5777\n \n Email: [email protected]\n \n\n\n\n Cautionary Note Regarding\nForward-Looking Information\n \n\n\n\n This news release contains statements that constitute\n“forward-looking Information”, as such term is used in applicable\nCanadian securities laws.  Such forward-looking information involves\nknown and unknown risks, uncertainties and other factors that may\ncause the Company’s actual results, performance or achievements, or\ndevelopments in the industry to differ materially from the anticipated\nresults, performance or achievements expressed or implied by such\nforward-looking information. Forward-looking information includes\nstatements that are not historical facts and are generally, but not\nalways, identified by the words “expects,” “plans,”\n“anticipates,” “believes,” “intends,” “estimates,”\n...