InvestorsHub Logo
Followers 1080
Posts 106323
Boards Moderated 55
Alias Born 11/22/2003

Re: $UPERMAN post# 97

Friday, 02/26/2016 12:57:45 AM

Friday, February 26, 2016 12:57:45 AM

Post# of 103
SUPERMAN thank you, well Kirkland Lake Gold has been on a good
up-trend since we got the shares - smile) -



St Andrew Goldfields shareholders approve Plan of Arrangement with Kirkland Lake Gold -

Kirkland Lake Gold I (KGI)
4.99 ^ 0.15 (+3.10%)
Volume: 573,315 @ 4:00:00 PM ET
http://investorshub.advfn.com/Kirkland-Lake-Gold-TSX-KGI-2057/

St Andrew Goldfields Ltd. (TSX:SAS)


TORONTO, Jan. 19, 2016 /CNW/ - St Andrew Goldfields Ltd. (TSX-SAS) (OTCQX-STADF), ("SAS" or the "Company") announced that its shareholders have today overwhelmingly approved the Plan of Arrangement ("Arrangement") with Kirkland Lake Gold Inc. ("Kirkland Lake Gold").
The special resolution to approve the Arrangement was approved by
98.92% of the shares voted. Under the terms of the Arrangement,
shareholders of SAS will be entitled to receive 0.0906 of one common
share of Kirkland Lake Gold for each one common share of SAS.

Kirkland Lake Gold has advised that its shareholders have approved the issuance of its shares pursuant to the Arrangement.

Completion of the Plan of Arrangement is subject to receipt of the approval of the Ontario Superior Court of Justice-Commercial List, which will be sought on January 22, 2016. Assuming that the Court's approval is obtained and the other conditions to closing the transaction are satisfied, the transaction is expected to be completed on January 26, 2016.



- God Bless -


My opinions are my own and and DD I post should be confirmed as unbiased

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.