Mandalay Resources Corp. - 20th Anniversary Vancouver Resource Investment Conference 2015 - 76 Richmond Street East, Suite 330 Toronto , ON, M5C 1P1 Canada
Scorpio Mining Corporation ("Scorpio Mining") (TSX: SPM)(OTCQX: SMNPF) and U.S. Silver & Gold Inc. ("U.S. Silver & Gold") (TSX: USA)(OTCQX: USGIF) are pleased to announce the completion of their previously announced merger of equals to combine their respective businesses by way of a plan of arrangement of U.S. Silver & Gold pursuant to section 182 of the Business Corporations Act (Ontario) (the "Transaction").
The Transaction was approved at special meetings of the shareholders of U.S. Silver & Gold and Scorpio Mining, respectively, on December 18, 2014. Final court approval was obtained from the Ontario Superior Court of Justice on December 22, 2014.