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Cours Or & Argent

St Andrew Goldfields Ltd

Publié le 19 janvier 2016

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

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

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 .

FORWARD-LOOKING INFORMATION

This news release contains forward-looking information and forward-looking statements (collectively, "forward-looking information") under applicable securities laws, including in respect of obtaining the order of the Ontario Court, the completion of the plan of arrangement and the timing thereof.

This forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied by the forward-looking information. Factors that may cause actual results to vary materially include, but are not limited to, the ability to obtain the Court's approval and the ability of the parties to satisfy the other conditions necessary to complete the Arrangement. Such forward looking information is based on a number of assumptions, including in respect of the ability to obtain the Court's approval on terms satisfactory to the Company and Kirkland and that no material adverse effect to the business of either the Company or Kirkland shall occur prior to completion of the Arrangement. Should one or more risks and uncertainties materialize or should any assumptions prove incorrect, then actual results could vary materially from those expressed or implied in the forward-looking information. Accordingly, readers are cautioned not to place undue reliance on this forward-looking information. SAS does not assume the obligation to revise or update this forward-looking information after the date of this release or to revise such information to reflect the occurrence of future unanticipated events, except as may be required under applicable securities laws. A further description of the risks and uncertainties facing the Company may also be found in the Company's Annual Information Form available on SEDAR at www.sedar.com.

SOURCE St Andrew Goldfields Ltd.

Lire la suite de l'article sur finance.yahoo.com

St Andrew Goldfields Ltd

PRODUCTEUR
CODE : SAS.TO
ISIN : CA7871885074
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St Andrew Goldfields est une société développant des projet miniers d'or basée au Canada.

St Andrew Goldfields détient divers projets d'exploration au Canada.

Ses principaux projets en production sont CLAVOS et HOLLOWAY au Canada, ses principaux projets en développement sont HISLOP et HOLT MINE & MILL au Canada et ses principaux projets en exploration sont TAYLOR, AQUARIUS, TIMMINS GUIBORD et GARRISON CREEK au Canada.

St Andrew Goldfields est cotée au Canada. Sa capitalisation boursière aujourd'hui est 165,7 millions CA$ (153,1 millions €).

La valeur de son action a atteint son plus haut niveau récent le 25 février 2000 à 9,60 CA$, et son plus bas niveau récent le 24 octobre 2008 à 0,07 CA$.

St Andrew Goldfields possède 368 269 984 actions en circulation.

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Projets de St Andrew Goldfields Ltd
14/01/2015SAS provides exploration update on Zone 4 deep drilling from...
09/10/2014SAS reports significant exploration results from the Holt pr...
14/04/2014SAS reports Q1 2014 production results of 24,361 ounces of g...
23/03/2011(Garrison Creek)DRILLING AT GARRISON CREEK CONTINUES TO EXPAND ZONES OF GOLD...
Communiqués de Presse de St Andrew Goldfields Ltd
19/01/2016St Andrew Goldfields shareholders approve Plan of Arrangemen...
14/12/2015Mackie Research Capital's Ryan Hanley Interviewed by The Gol...
05/11/2015SAS declares commercial production at Taylor and revises ful...
15/10/2015SAS reports Q3 2015 production of 23,317 ounces of gold, and...
12/08/2015SAS reports 2015 second quarter results - strong operating c...
05/08/2015SAS Exploration Update - Successful Drill Program Expands Mi...
09/07/2015SAS Reports Q2 2015 Production of 23,533 Ounces of Gold, and...
09/04/2015SAS Reports Q1 2015 Production of 23,727 Ounces of Gold, Exc...
09/03/2015SAS Announces Appointment of New Director
19/02/2015SAS Announces Appointments of New Chairman of the Board and ...
18/02/2015SAS Announces Resignation of Chair of the Board
13/02/2015IIROC Trade Resumptions - AOI; SAS; OVI
12/02/2015IIROC Trading Halt - SAS
27/01/2015SAS releases preliminary results of the second bulk sample f...
09/01/2015SAS reports 2014 annual production of 90,676 ounces of gold,...
12/11/2014SAS reports 2014 third quarter results and lowers its 2014 p...
08/10/2014SAS reports Q3 2014 production of 21,166 ounces of gold and ...
18/12/2013Kiska Files Statement of Claim against St Andrew Goldfields ...
09/10/2012SAS Reports Record Third Quarter Production Results Producin...
21/09/2012SAS Announces Re-filing of Documents
11/10/2011Western Potash, Otis Gold and St Andrew Goldfields Investor ...
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