Orford Mining Corporation (TSE:ORM) has released an update.
Orford Mining Corporation is set to hold a special shareholder meeting on March 27, 2024, to approve a proposed acquisition by Alamos Gold Inc., which includes a share exchange ratio and consideration terms. Shareholders will also vote on a non-convertible credit facility that Alamos may provide to Orford, ensuring funding for Orford’s operations if the acquisition deal is not finalized by April 15, 2024. The company’s management endorses both resolutions and urges shareholders to vote in favor.
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