Sabre Gold Shareholders Approve Acquisition by Minera Alamos
Sabre Gold Mines Corp. (SGLDF) shareholders have overwhelmingly approved the acquisition by Minera Alamos through a plan of arrangement. Under the agreement, shareholders will receive 0.693 Minera Alamos shares for each Sabre share. The meeting saw representation of 42.632% of total outstanding shares.
The arrangement resolution received strong support with 99.814% approval from all voting shareholders and 99.641% from disinterested shareholders. Additionally, shareholders approved the issuance of 30,490,883 shares to settle approximately $9.5 million in debt obligations at $0.3108 per share, with 99.347% approval from disinterested shareholders.
The arrangement is expected to close around January 27, 2025, subject to final court approval and other customary conditions. Following completion, Sabre shares will be delisted from the Toronto Stock Exchange within 2-3 business days.
I soci di Sabre Gold Mines Corp. (SGLDF) hanno approvato in modo schiacciante l'acquisizione da parte di Minera Alamos tramite un piano di ristrutturazione. In base all'accordo, gli azionisti riceveranno 0,693 azioni di Minera Alamos per ogni azione di Sabre. Alla riunione era presente il 42,632% del totale delle azioni in circolazione.
La risoluzione dell'accordo ha ricevuto un ampio sostegno con un 99,814% di approvazione da parte di tutti gli azionisti votanti e un 99,641% da parte degli azionisti non interessati. Inoltre, gli azionisti hanno approvato l'emissione di 30.490.883 azioni per saldare circa $9,5 milioni di obbligazioni di debito a $0,3108 per azione, con un 99,347% di approvazione da parte degli azionisti non interessati.
Si prevede che l'accordo si chiuda intorno al 27 gennaio 2025, soggetto all'approvazione finale del tribunale e ad altre condizioni abituali. Dopo il completamento, le azioni di Sabre saranno rimosse dalla Borsa di Toronto entro 2-3 giorni lavorativi.
Los accionistas de Sabre Gold Mines Corp. (SGLDF) han aprobado abrumadoramente la adquisición por parte de Minera Alamos a través de un plan de arreglo. Según el acuerdo, los accionistas recibirán 0,693 acciones de Minera Alamos por cada acción de Sabre. En la reunión se presentó el 42,632% del total de acciones en circulación.
La resolución del arreglo recibió un fuerte apoyo con un 99,814% de aprobación por parte de todos los accionistas votantes y un 99,641% de los accionistas no interesados. Además, los accionistas aprobaron la emisión de 30.490.883 acciones para liquidar aproximadamente $9,5 millones en obligaciones de deuda a $0,3108 por acción, con un 99,347% de aprobación por parte de los accionistas no interesados.
Se espera que el arreglo se cierre alrededor del 27 de enero de 2025, sujeto a la aprobación final del tribunal y otras condiciones habituales. Tras la finalización, las acciones de Sabre serán deslistadas de la Bolsa de Valores de Toronto dentro de 2-3 días hábiles.
세이브 골드 마인스 Corp. (SGLDF)의 주주들은 미네라 알라모스에 의한 인수를 압도적으로 승인했습니다. 계약에 따라 주주들은 세이브의 주식 한 주당 0.693미네라 알라모스 주식을 받게 됩니다. 회의에는 총 유통 주식의 42.632%가 참석했습니다.
합의안은 모든 투표 주주로부터 99.814%의 찬성과 이해관계가 없는 주주들로부터 99.641%의 찬성을 받으며 강력한 지지를 받았습니다. 또한 주주들은 약 950만 달러의 부채를 주당 $0.3108로 정산하기 위해 30,490,883주를 발행하는 것을 승인했으며, 이해관계가 없는 주주들로부터 99.347%의 찬성을 받았습니다.
합의는 2025년 1월 27일경에 종료될 것으로 예상되며, 최종 법원 승인 및 기타 관례적 조건에 따라 달라질 수 있습니다. 완료 후, 세이브의 주식은 토론토 증권 거래소에서 2-3 영업일 이내에 상장 폐지될 것입니다.
Les actionnaires de Sabre Gold Mines Corp. (SGLDF) ont largement approuvé l'acquisition par Minera Alamos à travers un plan d'arrangement. Selon l'accord, les actionnaires recevront 0,693 actions de Minera Alamos pour chaque action de Sabre. La réunion a vu la représentation de 42,632% des actions en circulation.
La résolution de l'arrangement a reçu un fort soutien avec un 99,814% d'approbation de tous les actionnaires votants et un 99,641% des actionnaires sans intérêt. De plus, les actionnaires ont approuvé l'émission de 30.490.883 actions pour régler environ 9,5 millions de dollars d'obligations de dette à 0,3108 $ par action, avec un 99,347% d'approbation de la part des actionnaires sans intérêt.
L'arrangement devrait être finalisé autour du 27 janvier 2025, sous réserve de l'approbation finale du tribunal et d'autres conditions habituelles. Après la finalisation, les actions de Sabre seront retirées de la Bourse de Toronto dans les 2-3 jours ouvrables.
Die Aktionäre der Sabre Gold Mines Corp. (SGLDF) haben den Erwerb durch Minera Alamos im Rahmen eines Umlegungsplans überwältigend genehmigt. Laut der Vereinbarung erhalten die Aktionäre 0,693 Aktien von Minera Alamos für jede Sabre-Aktie. Bei der Versammlung waren 42,632% der insgesamt ausstehenden Aktien vertreten.
Die Beschlussfassung über die Vereinbarung erhielt starke Unterstützung mit einer 99,814% Zustimmung von allen stimmberechtigten Aktionären und 99,641% von nicht interessierten Aktionären. Darüber hinaus stimmten die Aktionäre der Ausgabe von 30.490.883 Aktien zur Begleichung von etwa 9,5 Millionen Dollar an Schulden zu, zu einem Preis von 0,3108 Dollar pro Aktie, mit einer 99,347% Zustimmung von nicht interessierten Aktionären.
Der Abschluss der Vereinbarung wird für etwa den 27. Januar 2025 erwartet, vorbehaltlich der endgültigen Genehmigung durch das Gericht und anderer üblicher Bedingungen. Nach dem Abschluss werden die Aktien von Sabre innerhalb von 2-3 Geschäftstagen von der Toronto Stock Exchange delistet.
- None.
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Toronto, Ontario--(Newsfile Corp. - January 14, 2025) - Sabre Gold Mines Corp. (TSX: SGLD) (OTCQB: SGLDF) ("Sabre Gold" or the "Company") is pleased to announce, pursuant to the special meeting (the "Meeting") of shareholders of Sabre ("Shareholders") held earlier today at the offices of Peterson McVicar LLP, that the Shareholders have overwhelmingly approved all items of business placed before the Meeting, including the previously-announced plan of arrangement pursuant to which Minera Alamos Inc. (TSXV: MAI) ("Minera Alamos") will acquire all the issued and outstanding shares of the Sabre at an exchange rate of 0.693 common shares in the capital of Minera Alamos for each common share (a "Share") in the capital of Sabre (the "Arrangement").
The Meeting was called for Shareholders to consider and, if deemed advisable, approve (a) the Arrangement, and (b) the issuance of 30,490,883 Shares to settlement approximately
A total of [33,956,540] Sabre were represented at the Meeting, in person or by proxy, representing approximately
The resolution approving the Arrangement (the "Arrangement Resolution") was overwhelmingly approved at the Meeting by (i)
To be effective, the Arrangement Resolution required the affirmative vote of at least (i) two-thirds of the votes cast by the Shareholders, present or represented by proxy at the Meeting, and (ii) a simple majority of the votes cast by the Disinterested Shareholders, present or represented by proxy at the Meeting. Accordingly, and given the approval of the Debt Settlement Resolution (as defined below), all Shareholder approvals required in order to proceed with the Arrangement have been obtained.
The resolution approving the Debt Settlements (the "Debt Settlement Resolution") was overwhelmingly approved at the Meeting by
To be effective, the Debt Settlement Resolution required the affirmative vote of a simple majority of the votes cast by the Disinterested Shareholders, present or represented by proxy at the Meeting. Accordingly, the requisite Shareholder approval of the Debt Settlement Resolution has been obtained.
The Plan of Arrangement is expected to become effective on or about January 27, 2025, subject to, among other things, Sabre obtaining a Final Order from the Ontario Superior Court of Justice (Commercial List) in respect of the Arrangement and the satisfaction or waiver of certain other customary closing conditions. It is expected that, within two to three business days following the completion of the Arrangement, the Sabre Shares will be delisted from the Toronto Stock Exchange.
Additional details about the Arrangement and the Arrangement Resolution, and the Debt Settlements and Debt Settlement Resolution, can be found in the management information circular of Sabre dated December 3rd, 2024, a copy of which is available on SEDAR+ (www.sedarplus.ca) under Sabre's issuer profile.
About Sabre Gold Mines Corp.
Sabre Gold is a near-term gold producer in North America which holds
Copperstone has approximately 300,000 ounces of gold in the Measured and Indicated categories, and approximately 197,000 ounces of gold in the Inferred category. Additionally, Copperstone has considerable existing operational infrastructure as well as significant exploration upside. Sabre Gold is led by an experienced team of mining professionals with backgrounds in exploration, mine building and operations.
For further information please visit the Sabre Gold Mines Corp. website: (www.sabre.gold).
| Andrew Elinesky | Doug Ramshaw |
| CEO and President | President |
| Sabre Gold Mines Co | Minera Alamos Inc |
| 416-904 | 604-600-4423 |
| andrew@sabre.gold | dramshaw@mineraalamos.com |
Cautionary Note Regarding Forward-Looking Statements
This news release contains forward-looking information under Canadian securities legislation including the anticipated date of completion of the Arrangement and any other statements concerning the Arrangement and Debt Settlements. These forward-looking statements entail various risks and uncertainties that could cause actual results to differ materially from those reflected in these forward-looking statements. Such statements are based on current expectations, are subject to a number of uncertainties and risks, and actual results may differ materially from those contained in such statements. These uncertainties and risks include but are not limited to: third party and regulatory approvals and the satisfaction of all applicable conditions. Risks and uncertainties about Sabre Gold's business are more fully discussed in the Company's disclosure materials, including its annual information form and MD&A, filed with the securities regulatory authorities in Canada and available at www.sedar.com and readers are urged to read these materials. Sabre Gold assumes no obligation to update any forward-looking statement or to update the reasons why actual results could differ from such statements unless required by law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/237185
FAQ
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