Advisory Firms Back Goldsource-Mako Merger

Goldsource Mines (TSE:GXS) has released an update.

Leading independent proxy advisory firms ISS and Glass Lewis have endorsed Goldsource Mines’ proposed merger with Mako Mining Corp, highlighting the potential for significant cost synergies and a stronger financial position for the combined entity. Goldsource’s board has unanimously recommended that shareholders vote in favor of the transaction at the upcoming Special Meeting. Shareholders are urged to review the meeting materials and cast their votes ahead of the June 19 deadline.

For further insights into TSE:GXS stock, check out TipRanks’ Stock Analysis page.